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Gas Tax

(@DixieChick)
Posts: 1495
Noble Member
Topic starter
 

I am off island now but i heard the gas tax has gone up. If that is true how much????

 
Posted : July 23, 2012 2:13 pm
(@jbatl)
Posts: 399
Reputable Member
 

7 cents.

 
Posted : July 23, 2012 2:33 pm
(@alana33)
Posts: 12366
Illustrious Member
 

The gas tax was 7 and they raised it 7 so now a total of 14 cents. (PER GALLON)

 
Posted : July 23, 2012 3:06 pm
(@DixieChick)
Posts: 1495
Noble Member
Topic starter
 

thanks.....that is what i heard....wowwwwwwwwwww

 
Posted : July 23, 2012 4:51 pm
(@STXBob)
Posts: 2138
Noble Member
 

According to http://www.api.org/statistics/fueltaxes/upload/gasoline-diesel-summary.pdf , the nationwide average tax on gasoline is 48.8 cents per gallon, with the highest being New York at 67.4 cents, and the lowest being Alaska at 26.4 cents. At 14 cents, the USVI's gasoline tax is lower than all of them (unless we also pay the federal tax of 18.4 cents per gallon. Do we?).

 
Posted : July 23, 2012 5:42 pm
(@blu4u)
Posts: 842
Prominent Member
 

I've recently accepted the fact that gas isn't getting any cheeper.

 
Posted : July 23, 2012 6:01 pm
(@alana33)
Posts: 12366
Illustrious Member
 

According to http://www.api.org/statistics/fueltaxes/upload/gasoline-diesel-summary.pdf , the nationwide average tax on gasoline is 48.8 cents per gallon, with the highest being New York at 67.4 cents, and the lowest being Alaska at 26.4 cents. At 14 cents, the USVI's gasoline tax is lower than all of them (unless we also pay the federal tax of 18.4 cents per gallon. Do we?).

Their gas is still much cheaper than ours, almost everywhere else.
Gee rememeber when we thought paying $3 plus was high?
Yikes!

 
Posted : July 23, 2012 6:10 pm
(@Linda_J)
Posts: 3919
Famed Member
 

Actually, on STX at least, gas was one of the things that wasn't more expensive than in Kentucky. That and rum. lol.

 
Posted : July 23, 2012 6:37 pm
(@speee1dy)
Posts: 8870
Illustrious Member
 

but now it is?

 
Posted : July 23, 2012 7:21 pm
(@stiphy)
Posts: 956
Prominent Member
 

I don't understand, if the gas tax went up $.07/gal then how come the retailers jacked the price up by $.30/gal? On my way to work I drive past One Love, Everybody's and Gas City and they all went from around $3.29 to $3.69 the day the tax went into effect.

Sean

 
Posted : July 23, 2012 8:14 pm
(@alana33)
Posts: 12366
Illustrious Member
 

Lucky you,! You must live STX as ours in STT/STJ is $4.69 - give or take/ and up.
Must be nice to pay, at least $1min. PER GALLON less at pumps that you must SERVICE yourself.

 
Posted : July 23, 2012 8:54 pm
(@Linda_J)
Posts: 3919
Famed Member
 

Yes, it's still within 5 cents, either way.

 
Posted : July 23, 2012 11:46 pm
(@nohstx)
Posts: 138
Estimable Member
 

Stiphy- the tax increase and the Hovensa rate hike went through simultaneously.

 
Posted : July 24, 2012 12:14 am
(@STXBob)
Posts: 2138
Noble Member
 

Here is an excerpt from http://virginislandsdailynews.com/news/latest-dlca-survey-shows-sharp-rise-in-retail-prices-for-regular-gas-on-st-croix-1.1347065 :

"Latest DLCA survey shows sharp rise in retail prices for regular gas on St. Croix

Daily News Staff
Published: July 23, 2012

ST. CROIX - Average retail prices for regular gasoline soared on St. Croix over the past week.

Although a higher gas tax and an increase in HOVENSA's wholesale pricing took effect July 16, the hike in the average retail price of regular gasoline on the island between July 12 and July 19 far exceeded those increases.

Retail gasoline price surveys conducted by the V.I. Department of Licensing and Consumer Affairs show that the average price for self-serve regular gasoline on St. Croix jumped by 31 cents per gallon between July 12 and July 19, from $3.321 per gallon to $3.631 per gallon.

However, the combined increases in the gas tax and in HOVENSA's wholesale pricing for regular gasoline that took effect July 16 totaled only 18 cents per gallon.

It was not clear why some retailers on the island raised their prices on regular gasoline so high, although the $3.631 average retail price encompasses a span of prices at gas stations that range from $3.499 to $3.699 per gallon, according to the DLCA survey."

 
Posted : July 24, 2012 1:12 pm
(@stx-em)
Posts: 862
Prominent Member
 

Anyone know where the $3.499/gallon price can be found?

 
Posted : July 24, 2012 2:38 pm
(@alana33)
Posts: 12366
Illustrious Member
 

What I do not understand is why gas cost $1.00 more PER GALLON here -STT/STJ - than in STX.
Even with shipping and middle men involved, that is a cost per gallon which considering the thousands of gallons sold here daily, adds up to lots of our $$ going up in fumes.

 
Posted : July 25, 2012 11:39 am
(@vicanuck)
Posts: 2935
Famed Member
 

Gasoline prices are not regulated (except during emergencies)...vendors can sell it for whatever they like.

One has to believe, however, that some form of price fixing must exist in the market.

 
Posted : July 25, 2012 11:59 am
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