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Topic: Gas Prices in your area
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Leo Enticknap
Film God

Posts: 7474
From: Loma Linda, CA
Registered: Jul 2000
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posted 03-02-2004 03:48 PM
quote: What makes Hawaii's gas prices the highest in the country is the state and county tax.
You have my sympathy. We have the highest petrol/gas prices in the developed world by a significant margin (though some other European Union countries run us pretty close). They're heading towards $7 a gallon, some 82% of which is tax. It's taking all the self-control I can muster not to start making political remarks about that...
The following currency conversions are all courtesy of www.xe.com . In a typical week I spend around $50 on petrol covering 300 miles commuting by car (three days a week), and a further $27 by train (the other two). The only reason I don't commute by train all week is that if you leave before 9.30am, $13.50ish for a return journey becomes $42 (compared to $17 in petrol costs for each return journey by car), and I can only juggle things in order to do a couple of hours at home before heading in on two days. So much for these taxes being in aid of the environment... oops, sorry, getting political.
If the only tax on petrol was the same sales tax (we call it Value Added Tax, or VAT) as is charged on all other goods and services, my weekly petrol bill would be around $10. The other $40 is fuel duty, which goes straight to the government. OK, by British standards I am very unusual in living 48 miles from my place of work, but thanks to fuel duty I reckon that about half my income goes to the tax man, all told.
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Ian Price
Phenomenal Film Handler

Posts: 1714
From: Denver, CO
Registered: Jun 99
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posted 03-02-2004 04:04 PM
Last Year I spent $2,225 on gas. This works out to about $185 per month. So I use about 100 gallons of gas per month. I get about 20-miles per gallon for fuel economy. Which means I drive about 2,000 miles per month. Or about 24,000 miles per year. I live 35-miles from work and drive it about 6-days per week.
I'm thinking about buying a new car. I'd like one that got at least 35-miles per gallon. I could save $1,000 per year on gas, but at the expense of $3,600 in new car payments. So a new car would still be $2,600 per year more expensive than what I am driving today.
I moved 35-miles farther from work for a couple of reasons. One is that the air is clean and it is near a lake in which I like to swim. The other reason is that the houses were about $50,000 less expensive than in the town where I work. So I am spending about $3,500 per year on my car without making car payments. How long can I do this before negating the $50,000 price advantage on my house?
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