tag:blogger.com,1999:blog-1709698839135404853.post8533943970904526094..comments2023-02-27T08:39:57.803-06:00Comments on Heavener blogs: Today's topic is...Craig Hallhttp://www.blogger.com/profile/11265567466052776075noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-1709698839135404853.post-42082958369581220652008-12-13T11:24:00.000-06:002008-12-13T11:24:00.000-06:00Bill,You're right in that taxes make up a large pa...Bill,<BR/><BR/>You're right in that taxes make up a large part of the cost of gasoline. I just lumped them in with the costs associated with those things that produce value and included taxes at the point of collection (thus the relatively large part associated with the retailer). <BR/><BR/>Even so, US taxes are a lot lower than European taxes on fuels. The last time I was in Europe diesel wasGlen Lazalierhttps://www.blogger.com/profile/04202758035423138294noreply@blogger.comtag:blogger.com,1999:blog-1709698839135404853.post-65292984813751140172008-12-13T07:14:00.000-06:002008-12-13T07:14:00.000-06:00Hey Glen, you forgot to add in taxes! The governme...Hey Glen, you forgot to add in taxes! The government U.S. & most states make more on a gallon of gas than the companies who produce it. Mercy!<BR/>P.S. btw you were right-on in your description of politics being mostly emotion. ie ck the "mania" going on today. :(Bill Hindshttps://www.blogger.com/profile/16948396347475405833noreply@blogger.comtag:blogger.com,1999:blog-1709698839135404853.post-12149096380003685002008-12-12T18:31:00.000-06:002008-12-12T18:31:00.000-06:00Jim,The easy answer is to look at the price of cru...Jim,<BR/><BR/>The easy answer is to look at the price of crude oil. One gallon of crude produces certain quantities of gasoline, diesel, bunker C, et al. The cost of running an existing refinery is pretty small since it is largely automated. <BR/><BR/>That answer begs another question: Why is the price of crude falling?--and that leads to the standard answer that demand versus supply sets Glen Lazalierhttps://www.blogger.com/profile/04202758035423138294noreply@blogger.comtag:blogger.com,1999:blog-1709698839135404853.post-539651654693596022008-12-12T08:33:00.000-06:002008-12-12T08:33:00.000-06:00A good subject that I would like to know more abou...A good subject that I would like to know more about is why do gas prices keep falling? This is a good thing for the consumer when buying gas, but is it good for our economy overall. Companies keep downsizing and laying people off. When are things going to stabilize? <BR/><BR/>I never can remember my password on this Google Identity, so I'll have to sign in as anonymous - Jim PattersonAnonymousnoreply@blogger.com