So how much would you pay for a Gallon/Liter before any taxes or excises are levied on top?More current USA taxing info by State - Courtesy of GasBuddy ::
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GAS PRICE CHECK
- Thread starter Walt Williams
- Start date
We have had a similar reduction in the excises until the end of September. from 44.4c down to 22.2c per liter.
This excise is a flat excise per liter and is not a % of the fuel price.
Our excise is indexed by inflation I believe.
Here in Texas where the gasoline is $4.39 a gallon, $4.00 is the cost of the gasoline and the rest is Federal and state tax.
That's interesting bit different in the UK
Bloody Hell - 75% tax in 2016 !
Ian Anderson
Lifetime Supporter
Statistics, Damned statistics!
That is a % figure not actual pence per liter at that stage the crude price was low so the duty and tax thus made a much large % of the price.
As crude price rises and the same pence per liter duty etc is added the duty forms a lessr %
That is a % figure not actual pence per liter at that stage the crude price was low so the duty and tax thus made a much large % of the price.
As crude price rises and the same pence per liter duty etc is added the duty forms a lessr %
So not to different to what i worked out at $4.24US.
Note that I have not taken into account rental/land prices/Company Tax rates/other business costs. So depending on what else the companies are required to cover the prices seem quite similar.
Howard Jones
Supporter
Here's my go-to commodities real-time website.
tradingeconomics.com
Gasoline - Price - Chart - Historical Data - News
Gasoline increased 0.06 USD/GAL or 3.11% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gasoline - values, historical data, forecasts and news - updated on May of 2025.
tradingeconomics.com
LARRY THAT IS SICK...WHEN WILL IT STOP?
It’s currently $5.19 here in BFE.
Bill Kearley
Supporter
Quite a lineup there Brian.
The completely honest (and accurate) answer to your question lies in an "I'll-call-you-on-the-phone-at-a-decent-hour" area, Walt.
I think I have your 'number around here somewhere... ;-)
LOL! 'Speaks volumes, doesn't it???!
(Don't you just love how fuel prices ALWAYS end in "point nine"...as though $6.99.9 is somhow faaaar cheaper than $7.00??? Just how would one actually PAY exactly .9 cents anyway if 'push came to shove'?)
A wise man once said, "There's nothing more permanent than death or a TEMPORARY tax."
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