Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Automotive News & Views How does gas at $4 and higher impact you?
2175 messages, Last post on Nov 05, 2009 at 3:05 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
|
Replying to: nippononly (Nov 20, 2008 1:50 pm) So yes gasoline consumption went down about 5% by the price of gas going over $4.00. The U.S. uses 25% of the world's oil, but not all of that is for gasoline. But let's say we are able to cut consumption 5% and keep consumption level - even though that's unlikely with an increasing population. So doing the math we could reduce global gasoline consumption about 1%. Exactly what great benefit do you see? If we have enough oil for 50 years, you're plan increases that to 50.5 years. A 1% drop in global gasoline consumption will make little difference in pollution or CO2 emissions, as economic growth over the years will increase pollution and emissions. I don't see what a 5% or 10% decrease in gasoline consumption, and the sacrifice of higher taxes would accomplish. Is someone in 2200 going to look in the history books and see that a 1% reduction in gasoline consumption made some big change in the world? I don't see it.
|
|
|
|
|
Replying to: kernick (Nov 20, 2008 3:02 pm) A federal gas tax would make it clear the U.S. was determined from now on to reduce oil consumption. That's a game changer for all these "business as usual" suppliers (and extractors in the case of the places with nationalized oil companies).
|
|
|
|
|
Replying to: steve_ (Nov 20, 2008 8:14 am) you know whatever would replace it would end up costing the man on the street more. |
|
|
Replying to: nippononly (Nov 20, 2008 3:33 pm) You said you were glad prices went down so you could pay your fuel bill but at the same time you are suggesting we increase the price of gas at the pump? How will that effect the working poor? How will it effect people on a fixed income? How will it effect transportation? How will it effect car sales? In each case it will have a negative effect. Isn't that a bit like Marie Antonette saying if they have no bread let them eat cake? Higher fuel cost equal higher food cost and higher transportation cost. It will even increase the cost to operate local services as each service from police to fire will have to decide if they want to pay for fuel or personnel. It doesn't matter to the suppliers if we tax our fuel 8 bucks a gallon as long as someone somewhere will buy it from them. England is living proof of that. And the US is ten times more mobile than England. I don't like $4.00 fuel and I wouldn't like any politician that suggested it. In fact I would vote against any politician if they ran on a platform of increased fuel taxes. Our very lifestyle would be lowered to that of our less fortunate cousins in other parts of the world. No we have seen the effects of higher fuel prices and "none" of your suggested benefits came to pass.
|
|
|
|
|
Replying to: boaz47 (Nov 20, 2008 7:31 pm) Oh but boaz old chum, prices were only really high for a few months. The suggested benefits were just beginning to happen when the prices dropped through the basement. A moderate tax applied over a longer period of time would produce the suggested benefits, have no doubt about it. But if you like we can also do it your way - fuel or famine.  In that case we can just wait for the next price spike to catch us unawares again. And once again we will get all in a huff pointing the finger of blame everywhere we possibly can, everywhere but the one place it should point - at ourselves. I will guarantee you one thing though, the next such spike isn't 25 years out like the period we waited between 1980 and $4 gas. It's much closer than that. |
|
|
they say oil is now at 2004 price levels. That's when gas was $1.59. We are only 8 cents out of sync. 23 states are under $2. The final 2008 answer to what will I do if gas get's to $4 was not buy any. I had 5 vehicles with tanks I filled just prior to hurr. Ike approaching. I paid $3.57 at most. Then I rotated driving them. I got thru the $4 month and actually now that gas is $1.67, two of the vehicles were still holding that pre-Ike gas.
|
|
|
|
|
Replying to: dave8697 (Nov 21, 2008 12:16 pm) 
|
|
|
Replying to: nippononly (Nov 21, 2008 8:03 am) Young People were not able to drive to their jobs or they were being laid off. Auto dealers were closing. You were unable to pay off your gas bill every month. And this was only for a short period of time. So tell me how things would be better if we were still paying over $4.00 a gallon because we had a $1.00 additional tax? Such a tax sounds punitive and we tossed things into a harbor for just such a tax on tea. The new secretary of finance said this is not the time to even think about taxing ourselves. Now what he will do after getting in office may be a different matter but speaking to the people before he is appointed that was his wisdom. Some in this forum have said we should be happy to pay $4 or $5 a gallon because Europe has been doing so for a long time. But there is a price to pay for that. Europe's standard of living is an average 10k less than the US, looking at the CIA world government page. So what reason would someone have for suggesting an additional 50 cent fuel tax at this time? One that could be sold to the voters. Let me ask the rest of the people in this forum. How many would like to pay an additional 50 cents to a dollar on top of your fuel prices today? How many would support such a move? |
|
|
Replying to: boaz47 (Nov 21, 2008 1:50 pm) If this makes sense to anybody, and I don't know if it does tell me what you think, I believe that they could get away with raising the taxes on gas with one big factor. It could go in the reverse of the price. As the price goes up the tax would come down so that people could still afford it. For me $0.50 at $4.00 is going to be a bigger problem than $0.50 at $1.70. I couldn't say by how much it should decrease as the wholesale price increases, but that is my idea. Now don't get me wrong, I'm not dumb and I know that the arrangement above would never happen, but that is how I think it could work. Until that one condition would be worked out I wouldn't support it. |
|
You are here:
Forums
Automotive News & Views How does gas at $4 and higher impact you?
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
Browse by Board
Browse by Topic
Today's Chats
