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N.Y. taxes raise cost of gas to ridiculous levels

Poughkeepsie Journal -- I received a number of emails in response to a column I wrote last month about the ever-rising gasoline prices. All but one agreed with my assessment; the other came out in defense of the oil industry.

Unfortunately, the latter email did not directly address one fact that was in my column. After reading it several times I’m still not sure whether the sender was an oil company executive, a company stockholder, or perhaps the head of a support-services company that works directly with the oil industry.

While ignoring the facts cited in the article, such as the industry’s $137 billion profit in 2011 (a 75 percent increase over 2010) or, perhaps more important, the $4 billion that oil companies receive in tax breaks every year, the email attempted to deflect attention from those figures by t

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Submitted Sep 16, 2012 By: skb69sa

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honda0105 Champion Author Tallahassee Posts:18,818 Points:1,636,245 Joined:Nov 2008	Message Posted: Sep 20, 2012 12:18:26 AM Ignore honda0105 Report Abuse NY also has lots of costs that have to be paid somehow.
SammyAdams Champion Author Tallahassee Posts:3,196 Points:819,535 Joined:Nov 2010	Message Posted: Sep 17, 2012 12:59:32 PM Ignore SammyAdams Report Abuse Your article will get a lot of interest from folks who are paying high amounts for fuel and consumer goods. The taxes charged by each state is a good place to find fault; like the 68 cents per gallon in New York. But you are dead wrong when you cite oil companies for making excessive profits (average 9% on earnings) when other industries make so much more (McDonalds 20%, Google 30%, etc). The AMOUNTS for oil companies are high because the VOLUMES are high. The oil companies are already paying more money in TAXES than anyone else. Why not cite the Federal government for the excessive amounts that they charge the oil companies for taxes (which we pay because they are merely passed on to the consumer) and the taxes that the FED charges for highway use taxes when they squander this money in other areas without repairing roads and bridges. The "Tax breaks" are legitimate business deductions which ALL mining companies take (Not only oil and gas) and this is to encourage investment. How many exploratory wells would these companies drill if they experienced "dry wells" and received no tax deductions? What do you suppose would happen to the price of fuel at the pump when you remove these tax breaks? And WHO would get this money? The consumer? No! The very government which is wasting our tax dollars buying votes to make their future more secure. Oil executives get paid well for what they do and if you are capable of dealing with EPA regulators, etc. and still make a profit, then by all means give it a try. The oil company stock holders are the one's who determine the salaries of their execs. So it appears that you are wrong on 3 out of 4 counts. Get the State of New York to lower their taxes and you will have accomplished much.
kyjlh Champion Author Kentucky Posts:1,746 Points:678,945 Joined:Feb 2005	Message Posted: Sep 16, 2012 3:45:57 PM Ignore kyjlh Report Abuse NY the tax state
BUSMAN1105 Champion Author Atlanta Posts:2,252 Points:1,196,470 Joined:Aug 2008	Message Posted: Sep 16, 2012 3:20:03 PM Ignore BUSMAN1105 Report Abuse THOSE NY PEOPLE SHOULD COMPLAIN TO THEIR GOVERNOR!!!!!!!!!!!!!!!!!!!!!!!!
RitaVespa Champion Author Oregon Posts:3,109 Points:818,945 Joined:Jan 2011	Message Posted: Sep 16, 2012 3:14:54 PM Ignore RitaVespa Report Abuse Ouch
listerone Champion Author Boston Posts:3,488 Points:903,600 Joined:Aug 2008	Message Posted: Sep 16, 2012 2:03:13 PM Ignore listerone Report Abuse Anyone who'd live in NY should have his/her head examined.
ss70 Champion Author Detroit Posts:9,930 Points:1,896,225 Joined:Sep 2005	Message Posted: Sep 16, 2012 12:46:09 PM Ignore ss70 Report Abuse there should be a cap to these taxes on gas ... MI is also trying to reach NY
AnnElk Veteran Author Montreal Posts:275 Points:780,380 Joined:May 2010	Message Posted: Sep 16, 2012 12:43:12 PM Ignore AnnElk Report Abuse Wanna see ridiculous gas prices? Come to Quebec!
my2002m Champion Author Tulsa Posts:6,208 Points:1,697,005 Joined:Jul 2008	Message Posted: Sep 16, 2012 12:42:41 PM Ignore my2002m Report Abuse And they will keep rising unless excessive governement spending is reigned in.
wild3bill Champion Author New York Posts:2,551 Points:1,695,340 Joined:Nov 2005	Message Posted: Sep 16, 2012 12:19:57 PM Ignore wild3bill Report Abuse If taxes were cut Oil companies would raise their zone pricing to keep the price the same!
briinnc Champion Author North Carolina Posts:2,705 Points:834,820 Joined:Jan 2010	Message Posted: Sep 16, 2012 11:57:21 AM Ignore briinnc Report Abuse But they get so much for the taxes they pay!!!
TXRanger09 Champion Author Dallas Posts:2,605 Points:913,055 Joined:May 2009	Message Posted: Sep 16, 2012 11:44:57 AM Ignore TXRanger09 Report Abuse A painful little article there Anthony, but truth brings pain.
crep1291 Champion Author Ottawa Posts:2,637 Points:486,190 Joined:Dec 2010	Message Posted: Sep 16, 2012 11:18:01 AM Ignore crep1291 Report Abuse It would be interesting to see what happens if the country gets split in half, one where taxes on gas are removed, but road work is completely funded by big oil, and the other half where big oil subsidies are removed and perhaps gas taxes raised, but where roads continue to be paid for by the government.
Cableman66 Champion Author North Carolina Posts:2,247 Points:517,585 Joined:May 2011	Message Posted: Sep 16, 2012 10:44:15 AM Ignore Cableman66 Report Abuse Can't keep taxing the driver pay for State spending. Cut something out.
bluebird1 Champion Author Toronto Posts:15,868 Points:3,133,875 Joined:May 2004	Message Posted: Sep 16, 2012 10:32:34 AM Ignore bluebird1 Report Abuse Good article & good wrapup atthe end...& we in Canada pay way more for gas & have all this oil!!!!
NO_SWEAT Champion Author Toronto Posts:4,474 Points:1,104,940 Joined:Jul 2008	Message Posted: Sep 16, 2012 10:26:44 AM Ignore NO_SWEAT Report Abuse Gotta drive to some other state for Cross-Border shopping & Cheap Gas
atdinut Champion Author California Posts:1,616 Points:360,445 Joined:Apr 2012	Message Posted: Sep 16, 2012 10:21:58 AM Ignore atdinut Report Abuse wow, just wow!
ESCORT6768 Champion Author Iowa Posts:1,152 Points:626,215 Joined:Sep 2005	Message Posted: Sep 16, 2012 10:16:54 AM Ignore ESCORT6768 Report Abuse The taxes on fuel were for repairing and constuction of roads. To many tax dollars have been diverted to other projects. However, part of the problem are the result of greed on the part of chains. I live in a border state. We have one major chain which controls the prices of fuel. Our fuel tax is 22 cents per gallon, the ajoining states tax is 33 cents per gallon. The price of fuel at this chain in one state is $3.91. The price in my state is $3.88. The chain stations in Iowa are making an extra 8 cents per gallon when you figure in the 11 cent difference in tax. A town in our county that does not have one of these chain stations has a gas price of $3.79.
M8trix4 Champion Author New York Posts:1,338 Points:658,140 Joined:May 2011	Message Posted: Sep 16, 2012 10:16:28 AM Ignore M8trix4 Report Abuse And the "For Sale" signs on the front lawns rival the candidate poster boards. We are a Democratic State with a Democratic governor but we have a "corrupt" legislature.
mberg Champion Author Houston Posts:3,943 Points:986,805 Joined:Aug 2010	Message Posted: Sep 16, 2012 10:16:09 AM Ignore mberg Report Abuse New York is not a low cost mecca for anything I can think of.
Yonkers111 Champion Author Scranton Posts:8,342 Points:859,135 Joined:Apr 2007	Message Posted: Sep 16, 2012 10:12:41 AM Ignore Yonkers111 Report Abuse So how much should they make? Based on investment or sales. If they made no money, how much lower would the price be? My estimate is around $.12 a gallon. But why would they invest and be in business with no profit?
CTarp Champion Author Texas Posts:1,297 Points:632,240 Joined:Apr 2011	Message Posted: Sep 16, 2012 10:12:04 AM Ignore CTarp Report Abuse Texas Rocks!
SpruceGuse2 Champion Author Michigan Posts:9,864 Points:2,480,435 Joined:Mar 2006	Message Posted: Sep 16, 2012 10:10:21 AM Ignore SpruceGuse2 Report Abuse Gee wiz, and that's a Republican state, what gives?.................
DABEE1073 Champion Author San Diego Posts:8,350 Points:1,599,810 Joined:Jun 2008	Message Posted: Sep 16, 2012 10:09:56 AM Ignore DABEE1073 Report Abuse I DO NOT WISH TOO GO TOO NEW YORK. BEEN THERE, DONE THAT BACK IN THE FIFTIES.
reb4 Champion Author Chicago Posts:19,355 Points:1,848,850 Joined:Sep 2004	Message Posted: Sep 16, 2012 10:09:05 AM Ignore reb4 Report Abuse And New Jersey is so close....
gils Champion Author Ohio Posts:1,711 Points:646,975 Joined:Feb 2011	Message Posted: Sep 16, 2012 10:08:32 AM Ignore gils Report Abuse ok
Discovery02 Champion Author Colorado Springs Posts:2,815 Points:337,390 Joined:May 2012	Message Posted: Sep 16, 2012 10:08:16 AM Ignore Discovery02 Report Abuse Where do I sign up for the 52% annual pay raise?
MontanaMac Champion Author Washington Posts:1,736 Points:410,050 Joined:May 2011	Message Posted: Sep 16, 2012 10:07:28 AM Ignore MontanaMac Report Abuse Railing about oil profits and ignoring tax inputs to the cost of a gallon of fuel is just plain old-fashioned dumb.
1Casey Champion Author Albany Posts:6,631 Points:1,810,945 Joined:Jun 2004	Message Posted: Sep 16, 2012 10:06:13 AM Ignore 1Casey Report Abuse Learn to get off you azz and vote
red5529 Champion Author Alabama Posts:4,379 Points:1,484,960 Joined:Mar 2008	Message Posted: Sep 16, 2012 10:06:11 AM Ignore red5529 Report Abuse The residents tolerate it so it continues.
autohio Champion Author Ohio Posts:3,869 Points:844,280 Joined:Jan 2011	Message Posted: Sep 16, 2012 10:06:03 AM Ignore autohio Report Abuse Ouch
zimowski Champion Author San Jose Posts:6,806 Points:1,611,190 Joined:Nov 2007	Message Posted: Sep 16, 2012 10:05:05 AM Ignore zimowski Report Abuse NY is being governed by Democrats and has been governed mostly by Democrats for many many years. Democrats like taxes. End of story.
Caribou2011 Champion Author Ohio Posts:3,887 Points:795,005 Joined:Feb 2011	Message Posted: Sep 16, 2012 10:04:43 AM Ignore Caribou2011 Report Abuse Kind of expected to be highest tax rate in New York. What about New York City, probably even higher with Bloomburg there!!
FlyNFool Champion Author South Carolina Posts:8,379 Points:1,712,675 Joined:Aug 2008	Message Posted: Sep 16, 2012 10:04:40 AM Ignore FlyNFool Report Abuse Don't you just love Liberal bastions!
RAE344 Champion Author Virginia Beach Posts:3,207 Points:688,245 Joined:Jun 2011	Message Posted: Sep 16, 2012 10:04:19 AM Ignore RAE344 Report Abuse Our current president want the entire country like Chicago or New York. He does not seem to understand that people are different.
slgas Champion Author Houston Posts:6,165 Points:1,589,265 Joined:Oct 2008	Message Posted: Sep 16, 2012 10:04:11 AM Ignore slgas Report Abuse Is anything at all cheaper in NY than elsewhere?
Radar1992 Champion Author Florida Posts:1,460 Points:336,890 Joined:Dec 2011	Message Posted: Sep 16, 2012 10:04:06 AM Ignore Radar1992 Report Abuse No one seems to look at the taxes on gas...I remember in Florida many of the stations were posting the taxes paid per gallon and were ordered by a court to remove them.... Viva La Gas Buddy!!!!
mysub Champion Author Las Vegas Posts:9,046 Points:2,357,190 Joined:Apr 2006	Message Posted: Sep 16, 2012 10:03:59 AM Ignore mysub Report Abuse Yesterdays news
civicdutie Champion Author Rochester Posts:4,581 Points:977,510 Joined:Nov 2008	Message Posted: Sep 16, 2012 10:03:33 AM Ignore civicdutie Report Abuse Yes, NYS is greedy.
YodaON Champion Author Ottawa Posts:3,056 Points:805,540 Joined:Jan 2011	Message Posted: Sep 16, 2012 10:02:19 AM Ignore YodaON Report Abuse same problem in Canada
TheSicilian Champion Author Jacksonville Posts:5,514 Points:1,496,475 Joined:Feb 2009	Message Posted: Sep 16, 2012 10:02:03 AM Ignore TheSicilian Report Abuse of course oil companies make money but the government makes more off a gallon than anyone and then spends on stupid things lets remember that before obummer gas was half the price it is now
Lamar108 Champion Author Toledo Posts:17,423 Points:3,470,890 Joined:Aug 2003	Message Posted: Sep 16, 2012 10:01:37 AM Ignore Lamar108 Report Abuse everybody have something to say about Obama and the gas prices?!but when Bush was in office and the very same thing with gas you didn't say JACK! get a damn life!!
kyrunner Champion Author Lexington Posts:9,113 Points:1,725,900 Joined:Aug 2008	Message Posted: Sep 16, 2012 10:01:33 AM Ignore kyrunner Report Abuse When you have a state and city run by liberal thugs this is what you should expect. Also, article was written by a not so smart liberal Obama Kool-aid drinker I am certain.
KillChain Champion Author Albuquerque Posts:5,630 Points:1,555,685 Joined:Jun 2006	Message Posted: Sep 16, 2012 9:59:22 AM Ignore KillChain Report Abuse Can you smell the stink of this liberal article................
BeaconLite Champion Author Ottawa Posts:2,075 Points:395,980 Joined:Sep 2009	Message Posted: Sep 16, 2012 9:59:07 AM Ignore BeaconLite Report Abuse All part of the GREED game.
marinedad1949 Champion Author Lancaster Posts:2,627 Points:530,170 Joined:Nov 2011	Message Posted: Sep 16, 2012 9:59:01 AM Ignore marinedad1949 Report Abuse We need to reduce ALL taxes, but in order to do that we have to first reduce the size of government which means entitlement spending!!!!!! Good luck with that!
SycamoreISU Champion Author Indiana Posts:1,065 Points:275,825 Joined:Jan 2012	Message Posted: Sep 16, 2012 9:58:56 AM Ignore SycamoreISU Report Abuse Government taxes make several times more per gallon than the much-maligned oil companies.
fordfan1 Champion Author Indiana Posts:9,227 Points:1,917,740 Joined:Jul 2007	Message Posted: Sep 16, 2012 9:58:48 AM Ignore fordfan1 Report Abuse This is what happens when tax and spend liberals are in charge!!!!!
Indy1 All-Star Author Quad Cities Posts:877 Points:822,325 Joined:Apr 2008	Message Posted: Sep 16, 2012 9:58:05 AM Ignore Indy1 Report Abuse to bad
mastermariner Champion Author Texas Posts:4,820 Points:520,450 Joined:Jun 2011	Message Posted: Sep 16, 2012 9:58:02 AM Ignore mastermariner Report Abuse Have to pay all that welfare.