[SEL] OT gasoline price?Oil company view

skip landis skipl at montana.com
Tue Dec 14 20:06:28 PST 2004


montana it's $.58.7 cents a gallon.

"Steve W." wrote:

> Peg,
>
>     Not sure you folks pay the highest tax on gas any more. In NY we pay
> closer to 47 cents per gallon with the Federal, State, County,
> Environmental fee, Gas station pump surcharge.
>
> Steve Williams
> Near Cooperstown NY
>
> ----- Original Message -----
> From: "William J Pfeiffer Sr" <old_iron at msn.com>
> To: <sel at lists.stationary-engine.com>
> Sent: Monday, December 13, 2004 2:21 PM
> Subject: Re: [SEL] OT gasoline price?Oil company view
>
> > Bill's Dad owned a Standard gas station for 20 years and I worked for
> Union
> > Oil for 5 years, so I guess you could say I have an "insiders view".
> >
> > In the mid 1970's here in the US there was a "gas shortage" (Ha, ha,
> ha)
> > before the "shortage" gas was about 53 cents a gallon for preium after
> words
> > it went up to 70 and 75 cents a gallon.  But BIG suprise there was no
> real
> > shortage, the oil companies had plenty of gas they just decided to
> raise the
> > prices and felt that if they just did it the public would have a hissy
> fit.
> > So they with held the gas (stored it in places like Biesterfield Ohio
> and
> > Rumsfield Michigan 2 former refineries for Union Oil), and bang zoom
> up went
> > the prices.
> >
> > Peter funny you mention the politions NOT mentioning the fuel prices
> during
> > an election, Bush and Kerry didn't mention them here either.  Some how
> I
> > feel Daddy Bush might have had something to do with that, Texas and
> Oil
> > Money and all of that.
> >
> > When I worked at Union they used to post the daily "wholesale" price
> of the
> > gas, so we knew how much to figure the different state and federal
> taxes on
> > (I worked in the corporate tax department), the average daily price
> was
> > around 45 to 65 cents a gallon when the pump price was 80 to 95 cents
> a
> > gallon.  Funny you should also mention "taxes" since here in Illinois
> we pay
> > the highest gas tax in the nation between the state, county, and fed
> it
> > averages about 25 cents a gallon now.
> >
> > Just my 2 cents on this very HOT topic.
> >
> > Peg Pfeiffer
>
> _______________________________________________
> SEL mailing list
> SEL at lists.stationary-engine.com
> http://www.stationary-engine.com/mailman/listinfo/sel





More information about the sel mailing list