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Californians have paid $5.3 billion extra for their gasoline than other Americans

Monday, September 7, 2015 9:51

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GASOLINE TAXES BY STATE

The average nationwide tax collected on each gallon of gasoline sold at the retail station is 49.5 cents. Of that, 18.4 cents per gallon goes to the federal government; the rest ends up in state and local government coffers.

The amount of gasoline taxes collected by states can vary widely, from just 26.4 cents per gallon in Alaska, to as much as 71.9 cents per gallon in California.

In addition to excise taxes, other taxes can also apply, such as sales taxes, gross receipts taxes, oil inspection fees, county and local taxes, underground storage tank fees, and other miscellaneous environmental fees. These additional taxes contribute to the difference collected among states.

- See more at: http://www.energytomorrow.org/economy/gas-prices/gasoline-taxes-by-state#sthash.AgCrFUfk.dpuf

With crude oil prices at historic lows, and California oil refining profits at historic highs, the Golden State is getting gouged at the gas pump in unprecedented fashion.
Our analysis just out finds Californians have paid $5.3 billion extra for their gasoline than Americans due to chronically low inventories by the state’s oil refiners. That’s $220 extra for every California driver since February.

Action in
Sacramento before the legislature closes next Friday will help fight high gas prices, as well as climate change. You can keep up with the fight by subscribing to our new Capitol Watchdog alerts here.
California oil refiners have taken to the airwaves to claim that pending legislation to reduce petroleum use by 50% in 15 years will drive up costs at the pump. But SB 350 will actually reduce gasoline prices by taking away their oligopolistic hold over our fuel supply.

In the long term, the introduction of electric vehicles and other increasingly cost-effective alternative fuel technologies will prevent oil refiners’ supply manipulation by cutting their market share in half.
SB 350′s fate is a critical piece of the puzzle long term, but transparency also needs to be applied to the oil refiners in the short term to prevent their supply manipulation.
Consumer Watchdog has committed to working with NextGen Climate founder Tom Steyer on drafting a ballot measure that requires oil refiners to justify their refinery closures, maintain minimum inventories and face penalties for rigging the market.

The ballot measure will have to be filed for signature collection in October to make the November 2016 ballot.
You can stay informed about the ballot measure’s progress and Big Oil’s other challenges by subscribing to our new Capitol Watchdog alerts.
If we go to the ballot, this will be the last Labor Day drive that oil refiners will be able to pick Californians’ pockets for an extra dollar per gallon.
Have a great weekend,

Jamie

NESARA- Restore America – Galactic News

Source: http://nesaranews.blogspot.com/2015/09/californians-have-paid-53-billion-extra.html

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