Comments | tongodeon: Lowering Gas Prices through Supply and Demand

tongodeon

Lowering Gas Prices through Supply and Demand

May 11, 2006 15:43

Gas is expensive. Boycotting certain specific gas companies, boycotting on certain days, buying a few gallons of gas at a time, and petitioning President Bush will not bring down gas prices.

Only three things control open market gas prices: supply, demand, and taxes. Our gas taxes are already very low: Federal taxes are 18 cents per gallon, and ( Read more... )

economics, oil, gas

Comments 24

mskala May 11 2006, 22:50:11 UTC

Isn't Brazilian sugar cane ethanol basically Tic-Tack?

tongodeon May 11 2006, 22:57:06 UTC

It's possible, but I haven't seen any article definitively indicating whether Brazilian sugar cane ethanol is Superfiltrado y Multirectificado.

mad_and_crazy May 12 2006, 01:18:38 UTC

It could be worse - it could be the one that gives you the s***s. Or is that Tic-Tac? I can never remember.

Worse yet, it could be Galstooki.

mskala May 12 2006, 02:04:33 UTC

Tic-Tac contains "glycerin", and sufficient quantities of that will give you the shits (come on, this is the livejournal of the guy who goatsed Ron Jeremy, enough with the asterisks). I'm not sure whether Tic-Tac is the one you mean, though.

hugh_mannity May 11 2006, 22:58:55 UTC

That $0.18? That's just the federal tax. The states then add their own. In MA the total is about $0.41/gallon. Which is considerably more.

Nice post other than that.

tongodeon May 11 2006, 23:06:24 UTC

Ah, thanks, I didn't realize that. If you've got a citation for the state tax figures similar to the one I provided I'll add it to the above post.

hugh_mannity May 11 2006, 23:21:07 UTC

Actually the link you gave to gas price watch has the state taxes, you just have to scroll down. Gives gas in one column and diesel in the other.

There's also this map from www.taxfoundation.org which is the total state and federal tax together.

mmcirvin May 11 2006, 23:26:01 UTC

This whole issue bothers me because ( ... )

The other thing that you can do... anonymous May 11 2006, 23:29:59 UTC

Is pour sugar in the gas tank of every SUV you see. If everybody does it, we can put a dent in demand.

Re: The other thing that you can do... tongodeon May 12 2006, 00:10:55 UTC

Not really. First, sugar does not ruin engines. Second, this would not decrease demand for gas, it would increase demand for car repair and law enforcement.

ex_askesis860 May 12 2006, 00:57:22 UTC

Corinna's dad was an original-vintage hippie. Made his living painting houses and doing astrology, had all manner of, shall we say, unorthodox ideas. But he was fond of saying, "Nothing wrong with this country a five-dollar gallon of gas wouldn't cure," and I'm inclined to agree.

I suspect this comment will upset Dave.