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.
This allows the government to hide taxes in the total cost and blame the oil companies for it.
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.
The gas station operators sometimes do put stickers like "this is how much tax is in the gas price you pay" on the actual pumps as if to blame the government for the greed of the large refineries. But here, after the strait of Hormuz debacle, we've actually had the government lower the gas tax for a while so that people who need their cars for work arent stuck with the higher bill so much. And what do you know, somehow the gas got a little cheaper, but not nearly by the amount of lowered tax. Guess who pocketed the difference.
Worse still, the government then enacted a rule that the gas price could only be raised once a day, but lowered any time. And in average, gas was even more expensive than before.
So yeah, I have trouble blaming the taxes for the high gas price.
We have excise, stockpile levy and vat coming up to 47% of the almost 2.8 eur pump price