Current Taxes On 1 Gallon Of Diesel Fuel  | | Here is an example of what the federal government is getting from 1 gallon of diesel sold. 42 cents and that is not even looking at gas being taxed yet. You see why the government is never going to ever allow the need for fuel by the oil companies even to be removed from the system itself? They depend on that tax to fund all their so called government programs and projects plus their salary I am sure of. I am really thinking that no matter who you vote for, the chances of seeing any renewable energy ever being seriously looked at on a global scale. Definitely not here in the USA and that is just a reality we all must face.
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| | | | | | 1. markss1975 (106) | 3 months ago | You are 100% correct that $.42 a gallon is way to much money for all of us to pay. But, that money does go to repair roads that are damaged by trucks that usually are heavier, and do more damage to our roads. Recently you have heard many people talk about a gas tax holiday, the reason this won't work is the way oil prices are going there will be no reason for the oil companies to lower the price by $.42 when the American people were willing to pay that before. The current oil price has nothing to do with normal supply and demand principles, it has everything to do with what the market will bare. Do you really think that the oil companies will resepct the American people and not raise thier prices back up to the price before we get rid of the tax?
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