Gas prices are going up

Gas prices are going up.

I am not sure if anyone noticed but gas prices are going up. They say by this summer gas prices will hit $4.00 a gallon. I hear that when you take in inflation it is still less then what was being paid in the 1970s. Well I don’t care about that! What I care about is that I am paying all most double then what I was paying a year ago. I keep on hearing about the big bad Oil Campiness so I went and did some research. I was surprised how many websites had this information.
Now let’s look at this for a moment. North Carolina has 30.15 cents in gas taxes (which is one of the highest in the nation). On top of that is a 18.4cents in federal taxes. Exxon reported that it only made 9.5cents on a gallon of gas. So the state made 20.65cents and the Feds made 9.1cents more then the Big Oil Company. But that is not all; you have to still include the 21% imbedded taxes that liberals won’t tell you about. I paid $3.19 a gallon for gas the day before yesterday. Now let us subtract: Those who like me went to government schools that means take away. 3.19 minus the imbedded taxes leaves 2.52 then minus the state and federal taxes leaves us with $2.03 now what the oil companies made which leaves us with $1.93. It cost about .54cents to refine crude oil that leaves $1.39 cents to transport and profit for the local gas station owner. So who is really gauging us? Looks like the government to me. Oh by the way the Democrats in the house want to raise the gas tax even more.
Now lets look at something else we have three grades and over 50 different blends of gas. Every time a refinery has to switch to make a new blend they have to recalibrate and that cost money. This also adds to the price of gas. So the way I look at it if the politicians were really concerned about us they would get rid of one grade and only have one standard blend and cut the tax rate on gas. They will not cut taxes because it gives them power to buy votes and they will not reduce the blends because they will not be able to blame the Oil Campiness any more for high gas prices.
So that leaves us we need to write our Congressmen and Senators and say enough. We need to let them know that if they continue we will vote them out next election and then make sure we do.

Dave