The past few months in aviation
03-31-2008, 03:24 PM
#11
La Familia Delta
Joined APC: Oct 2006
Position: B-717 FO / C-17 AC
Posts: 2,467
but based on that logic, gas prices should be CHEAPER in Europe since they drive more efficient cars and have what i assume to be less reliance on oil. But instead, its about double what we pay here. Sure that may have a lot to go with the way their governments tax fuel there, but im listening, go on...
03-31-2008, 04:10 PM
#12
Gets Weekends Off
Joined APC: Jun 2007
Position: Legacy FO
Posts: 4,105
I think the difference is taxes.
The big issue we have here is that the dollar has fallen in value which means we get less oil / gas for our money.
If prices remain high, our society will start to mirror Europe's. People will live close to where they work, our vehicles will become more efficient, and our driving habits will change. It is going to be a hard lesson, but it will happen.
-Fatty
The big issue we have here is that the dollar has fallen in value which means we get less oil / gas for our money.
If prices remain high, our society will start to mirror Europe's. People will live close to where they work, our vehicles will become more efficient, and our driving habits will change. It is going to be a hard lesson, but it will happen.
-Fatty
03-31-2008, 07:02 PM
#13
On Reserve
Joined APC: Aug 2007
Posts: 19
You know who is running to the bank? The government, not the oil companies.
http://taxprof.typepad.com/taxprof_b...xes_excee.html
Federal and state taxes on gasoline production and imports have been climbing steadily since the late 1970s and now total roughly $58.4 billion. Due in part to substantial hikes in the federal gasoline excise tax in 1983, 1990, and 1993, annual tax revenues have continued to grow. Since 1977, governments collected more than $1.34 trillion, after adjusting for inflation, in gasoline tax revenues—more than twice the amount of domestic profits earned by major U.S. oil companies during the same period:
http://taxprof.typepad.com/taxprof_b...xes_excee.html
Federal and state taxes on gasoline production and imports have been climbing steadily since the late 1970s and now total roughly $58.4 billion. Due in part to substantial hikes in the federal gasoline excise tax in 1983, 1990, and 1993, annual tax revenues have continued to grow. Since 1977, governments collected more than $1.34 trillion, after adjusting for inflation, in gasoline tax revenues—more than twice the amount of domestic profits earned by major U.S. oil companies during the same period:
04-01-2008, 07:39 AM
#15
Gets Weekends Off
Joined APC: Dec 2007
Position: Delta Colors Busholio
Posts: 233
but based on that logic, gas prices should be CHEAPER in Europe since they drive more efficient cars and have what i assume to be less reliance on oil. But instead, its about double what we pay here. Sure that may have a lot to go with the way their governments tax fuel there, but im listening, go on...
The fuel is more expensive in Europe due to taxation.
04-01-2008, 07:42 AM
#16
Gets Weekends Off
Joined APC: Dec 2007
Position: Delta Colors Busholio
Posts: 233
I think the difference is taxes.
The big issue we have here is that the dollar has fallen in value which means we get less oil / gas for our money.
If prices remain high, our society will start to mirror Europe's. People will live close to where they work, our vehicles will become more efficient, and our driving habits will change. It is going to be a hard lesson, but it will happen.
-Fatty
The big issue we have here is that the dollar has fallen in value which means we get less oil / gas for our money.
If prices remain high, our society will start to mirror Europe's. People will live close to where they work, our vehicles will become more efficient, and our driving habits will change. It is going to be a hard lesson, but it will happen.
-Fatty
04-01-2008, 09:54 AM
#17
Gets Weekends Off
Joined APC: Sep 2006
Position: Q400 survivor
Posts: 537
You know who is running to the bank? The government, not the oil companies.
http://taxprof.typepad.com/taxprof_b...xes_excee.html
Federal and state taxes on gasoline production and imports have been climbing steadily since the late 1970s and now total roughly $58.4 billion. Due in part to substantial hikes in the federal gasoline excise tax in 1983, 1990, and 1993, annual tax revenues have continued to grow. Since 1977, governments collected more than $1.34 trillion, after adjusting for inflation, in gasoline tax revenues—more than twice the amount of domestic profits earned by major U.S. oil companies during the same period:
http://taxprof.typepad.com/taxprof_b...xes_excee.html
Federal and state taxes on gasoline production and imports have been climbing steadily since the late 1970s and now total roughly $58.4 billion. Due in part to substantial hikes in the federal gasoline excise tax in 1983, 1990, and 1993, annual tax revenues have continued to grow. Since 1977, governments collected more than $1.34 trillion, after adjusting for inflation, in gasoline tax revenues—more than twice the amount of domestic profits earned by major U.S. oil companies during the same period:
you can either have some taxes mixed in with your gas cost, or make every road a toll road
04-01-2008, 10:50 AM
#18
Gets Weekends Off
Joined APC: Jun 2007
Posts: 1,045
I read a recent report that claimed if every SUV in America (and we all know most of them are US made inefficient junk) was exchanged for a full size state of the industry efficient sedan, the US demand for oil would be cut by 50%.
I own a recent Dodge Durango (junk) and it's been parked for months.
I now drive a full size german sedan that seats five and goes like a MF. I haven't been to a gas station in ages.
It's time Detroit got their act together.
AL
I own a recent Dodge Durango (junk) and it's been parked for months.
I now drive a full size german sedan that seats five and goes like a MF. I haven't been to a gas station in ages.
It's time Detroit got their act together.
AL
Last edited by alvrb211; 04-01-2008 at 10:56 AM.
04-01-2008, 12:29 PM
#19
Gets Weekends Off
Joined APC: Nov 2006
Position: Body at sea level; heart at 70,000+
Posts: 1,349
Most oil sales throughout the world are denominated in United States dollars ]. Because most countries rely on oil imports, they are forced to maintain large stockpiles of dollars in order to continue imports. This causes demand for USDs to remain high, regardless of economic conditions in the United States. This allows the US government to gain revenues through seignorage and by issuing bonds at lower interest rates than they otherwise would be able to. As a result the U.S. government can run higher budget deficits at a more sustainable level than can most other countries.
More at: http://en.wikipedia.org/wiki/Petrodollar_warfare
More at: http://en.wikipedia.org/wiki/Petrodollar_warfare
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