View Single Post
Old 05-18-2008, 02:32 AM   #7 (permalink)
mikelew007
Community Leader
 
mikelew007's Avatar
Join Date: Feb 2007
Location: Flint, MI
Gender: Male
Posts: 730
Country:
Points: 4,068, Level: 40
Points: 4,068, Level: 40 Points: 4,068, Level: 40 Points: 4,068, Level: 40
Level up: 59%, 82 Points needed
Level up: 59% Level up: 59% Level up: 59%
Activity: 6%
Activity: 6% Activity: 6% Activity: 6%
Send a message via Yahoo to mikelew007
mikelew007 is online now
Reply With Quote
 
Here's an interesting observation on how useless the lifting of the gas tax would be:

The US federal gas tax is 18 cents per gallon.

On May 5th the average price of gas was @ 3.61/gal
U.S. Retail Gasoline Prices

Yesterday it hit $3.79/gal
Gas strikes 10th straight record high at $3.787 a gallon - May. 17, 2008

Suppose the gas tax holiday Clinton and McCain have been promoting was implemented on May 5th, gas would have dropped to $3.43/gal. If the rise in fuel prices didn't change in this alternate reality, yesterday we would have seen the avg. price @ $3.61/gal, an 18 cent increase in 12 days.

Some holiday, my Christmas breaks during the school year lasted longer than this.
McCain's a warmonger with Alzheimer's who's gonna start WW3 and Obama's a secret Muslim and a socialist who's gonna turn the US into a third-world country! -Failtards

"Madness is like gravity—all it takes is a single push." -The Joker