Gasoline Taxes 10-01-2015

(Source: American Petroleum Institute – 10/01/15)

Friday, January 22, 2016 – 09:30 a.m

Price Alert! The average price of unleaded gas in California has dropped to a whopping $2.701 per gallon, according to tracking website Gasbuddy.com.

A price that remains the highest in the United States. That includes the Pacific Ocean island of Hawaii, for those who skipped out on geography class.

I thought I would mention it, since 10-percent of college graduates apparently think Judge Judy is a U.S. Supreme Court justice.

Anyways. Some of our readers wanted the state-by-state data comparison of gasoline taxes.

The chart posted above has the breakdown. The number also includes state sales and federal taxes.

California driver’s do indeed get socked with higher gasoline taxes, currently 59.32 cents per gallon, than some other states. But California is essentially comparable to Nevada and Oregon. But not Arizona.

Nevertheless. The comparison still indicates that driver’s in the Golden State are being gouged by oil refiners.

Like we’ve said before. It’s time for taxpayers to construct and operate two modern mega-refineries to resolve this continuing profiteering.