Refinery on fire, Gas prices to follow

[gemini5362]

Z-Michigan
Sorry Counselor, a lawyer, making $???.00 to $400.00 an hour is not your average salary in the U.S., So YES I am serious
For example, I am retired, have a decent pension , and have a SMALL income from my farm. My gas and diesel consumption in gallons last month (winter)for three Vehicles and a 41 hp Tractor was 204 gallons(no public trans), when I put my boat on Lake Ontario (Apr to Oct) and my 23hp Cub cadet Lawn Tractor (spring, summer, fall) into the mix , I use at least 270 gal monthly X $2.65 average (NY prices)= $715 monthly X 12 mo = $8580. a year. Then add home heating oil (700 gal) $1500 the total is over $10,000..On last years tax return, I paid less than $10,000 in FEDERAL income tax.
For me the OIL COMPANIES get more of my money than the federal gov

Mike120
I think your right, I don't know for sure, my mistake

I do believe that you are using roughly 51 gallons a week according to your post. now if you have a vehicle that gets 20 miles per gallon that is somewhere in the neighborhood of over 1000 miles a week for someone retired that might be a lot of miles. If you were not retired and putting that kind of mileage on your vehicle you would probably be paying more in taxes than you are to the oil companies.

 

[UncleBuck01]

I do believe that you are using roughly 51 gallons a week according to your post. now if you have a vehicle that gets 20 miles per gallon that is somewhere in the neighborhood of over 1000 miles a week for someone retired that might be a lot of miles. If you were not retired and putting that kind of mileage on your vehicle you would probably be paying more in taxes than you are to the oil companies.

gemini
I am retired, in my 50's, and not dead yet, hopefully I have another
20 before I REALLY (physically) retire, below is my breakdown of fuel usage
Also there are three drivers, soon to be four this summer.

MONTHLY

Dodge P/U average monthly. 1000mi., 800 mi pulling loaded livestock/horse trailer
11 mpg------71 gallons a month
Dodge Mini van monthly average 1500mi., Family use/wife works as sub teacher
21 mpg------72 gallons a month
S10 Chevy Blazer monthly average 700mi., Live at home College student
17 mpg------41 gallons a month
Mahindra 4110 diesel tractor, 15-27 gallons a month,depends on season
-------------15 gallons 12/06
Misc tools, ATV-snowblower-generator-chainsaw,
--------------5 gallons
71 + 72 + 41 + 15 + 5 = 204 gallons for the month of December 2006

 

[SkyPup]

Chevron (Hugo Chavez) oil refinery near Oakland, Cal. on fire, since all the refineries in US are at or near full capacity, get ready to open your wallets wide. So, when are you scientists going to invent the GAS PILL we just add to water and drive away.
The question I have for all:
Who gets the major portion of your paycheck A) U.S.Goverment, excluding FICA and state taxes or B) the OIL Companies

Oil is down 17% so far this year, that is a drop of 1% each and every day of the year 2007.

With oil @ $50 a barrel and the dollar gaining significantly on both the Euro and the Yen, you'll be able to blow more of your paycheck at Wally World on bottled water at $1,600 a barrel.....

 

[tlbuser]

Of that $2.65 per gallon in NY state, 60.1 cents for gasoline and 65.6 cents for diesel pays the average local, state and federal taxes.

If gasoline prices had stayed on pace with inflation since 1970 we would now be paying around $6.00 a gallon.

Why do people always use this argument and the one of over in x, they pay___.????

 

[slowrev]

I use about 20 gal per month in my personal vehicle.
About 30 gal for all of summer use in mowers and such.
wife does not work and burns over 20 gal per week in her car. I think she needs to get a job, then she would not have so much time to waste gas.

 

[swines]

gemini
I am retired, in my 50's, and not dead yet, hopefully I have another
20 before I REALLY (physically) retire, below is my breakdown of fuel usage
Also there are three drivers, soon to be four this summer.

MONTHLY

Dodge P/U average monthly. 1000mi., 800 mi pulling loaded livestock/horse trailer
11 mpg------71 gallons a month
Dodge Mini van monthly average 1500mi., Family use/wife works as sub teacher
21 mpg------72 gallons a month
S10 Chevy Blazer monthly average 700mi., Live at home College student
17 mpg------41 gallons a month
Mahindra 4110 diesel tractor, 15-27 gallons a month,depends on season
-------------15 gallons 12/06
Misc tools, ATV-snowblower-generator-chainsaw,
--------------5 gallons
71 + 72 + 41 + 15 + 5 = 204 gallons for the month of December 2006

Not everyone is retired - so your tax basis doesn't reflect people who still work. I paid a little more than $25,000 to the feds this year plus state income tax, plus local taxes (I just rent my land from the county, apparently.). I pay waaaay more in money in taxes than I ever pay for fuel.

Oh, by the way - did you figure the hidden federal taxes you pay? Excise taxes on the phone bill, on fuel, etc? Or, don't you count the hidden federal taxes as being real?

 

[UncleBuck01]

Quote:
Originally Posted by UncleBuck01
So, when are you scientists going to invent the GAS PILL we just add to water and drive away.
The question I have for all:
Who gets the major portion of your paycheck A) U.S.Goverment, excluding FICA and state taxes or B) the OIL Companies

Oil is down 17% so far this year, that is a drop of 1% each and every day of the year 2007.

With oil @ $50 a barrel and the dollar gaining significantly on both the Euro and the Yen, you'll be able to blow more of your paycheck at Wally World on bottled water at $1,600 a barrel.....

SkyPup
How about my one of my original questions "when are you scientists going to invent the GAS PILL we just add to water and drive away. "
Will "Wally World" take the Euro,Yen ?

Slowrev
I could only dream of numbers like that, maybe when I hand over the keys to the farm, to my kids

 

[SkyPup]

Quote:
Originally Posted by UncleBuck01

SkyPup
How about my one of my original questions "when are you scientists going to invent the GAS PILL we just add to water and drive away. "
Will "Wally World" take the Euro,Yen ?

Here's the scientific pill you just add to water and keep on driving

Novartis Consumer Health Canada - Gas-X

 

[UncleBuck01]

Not everyone is retired - so your tax basis doesn't reflect people who still work.

Gee, I knew that

Oh, by the way - did you figure the hidden federal taxes you pay? Excise taxes on the phone bill, on fuel, etc? Or, don't you count the hidden federal taxes as being real?

I guess they are well hidden, but now that they are exposed, nothing has changed for this retired ,wannabee just like SkyPup when I grow up, person.
Does anybody know when a family of 4, who qualify for most exemptions/credits ,up to what income do they pay NO FED TAX,
40,000 ?, 45,000 ? , then how much further up the economic food chain do they have to go to pay 10,000 in FED TAX

Here's the scientific pill you just add to water and keep on driving

SkyPup
From your personal experience, of course, is that a pill , or a suppository

 

[gemini5362]

gemini
I am retired, in my 50's, and not dead yet, hopefully I have another
20 before I REALLY (physically) retire, below is my breakdown of fuel usage
Also there are three drivers, soon to be four this summer.

MONTHLY

Dodge P/U average monthly. 1000mi., 800 mi pulling loaded livestock/horse trailer
11 mpg------71 gallons a month
Dodge Mini van monthly average 1500mi., Family use/wife works as sub teacher
21 mpg------72 gallons a month
S10 Chevy Blazer monthly average 700mi., Live at home College student
17 mpg------41 gallons a month
Mahindra 4110 diesel tractor, 15-27 gallons a month,depends on season
-------------15 gallons 12/06
Misc tools, ATV-snowblower-generator-chainsaw,
--------------5 gallons
71 + 72 + 41 + 15 + 5 = 204 gallons for the month of December 2006

The point I was trying to make is the same point that another member posted. Most people when they retire their income goes down. My wife drives 220 miles a day to work so we spend a lot of money on fuel, but our income is not too bad so we pay a lot more money in taxes. You have quite a bit of oil product expenses on a retirement income. If you were still working full time would you not pay more in taxes than you do in oil products ?