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Is a Higher Gasoline Tax Good Or Bad For America?

849 messages, Last post on Nov 19, 2009 at 2:22 PM
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Replying to: kernick (Aug 06, 2009 8:46 am) Right now, tire fees in nine states are deposited into the state’s general fund instead of clean-up, which is the usual reason for collecting separate tire "taxes." Tire Fees and Recycling: How Does Your State Compare? (Tire Industry Organization) |
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Oil Industry Sets a Brisk Pace of New Discoveries More than 200 discoveries have been reported so far this year in dozens of countries, including northern Iraq’s Kurdish region, Australia, Israel, Iran, Brazil, Norway, Ghana and Russia. They have been made by international giants, like Exxon Mobil, but also by industry minnows, like Tullow Oil. Just this month, BP said that it found a giant deepwater field that might turn out to be the biggest oil discovery ever in the Gulf of Mexico, while Anadarko announced a large find in an “exciting and highly prospective” region off Sierra Leone. It is normal for companies to discover billions of barrels of new oil every year, but this year’s pace is unusually brisk. New oil discoveries have totaled about 10 billion barrels in the first half of the year, according to IHS Cambridge Energy Research Associates. If discoveries continue at that pace through year-end, they are likely to reach the highest level since 2000. http://www.nytimes.com/2009/09/24/business/energy-environment/24oil.html It is reflected in the drop of oil prices today. I hope it holds out for my vacation in my Gas Guzzling Sequoia. C'mon $2 gas... |
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"aimed at raising revenue while reducing greenhouse gas emissions and oil consumption by making it more economical to buy the most efficient vehicles and then drive them less often, especially during the morning and evening rush hours." Dutch Are First to Adopt Pay-Per-Mile Driving Taxes to Cut CO2, Reduce Oil Use (Green Car Advisor) |
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