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When oil prices spike, where does the money go?

171 points · 195 comments · thelastgallon

  1. elmer2 · · focus · HN ↗
    We really need to separate taxes at the pump. In my state, there is almost $1/gallon in taxes.

    This allows the government to hide taxes in the total cost and blame the oil companies for it.

    1. Kirby64 · · focus · HN ↗
      Why? If anything we should stop making tax a separate item everywhere else (like most of Europe does, for instance).

      Is there any indication the gas tax is being blamed on oil companies? It’s literally a fixed cost per gallon… so all the extra cost literally is from oil companies. There’s even some places trying to suspend or cut the gas tax temporarily to artificially suppress the cost at the pump.

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