Monday, April 28, 2008

Gas To Be $3.60/gal, Except in Wisconsin

From AP:

Gas prices hit $3.60 a gallon and oil futures rose to their own new record near $120 a barrel on Monday as labor actions overseas threatened crude supplies

Of course, in Wisconsin, retailers are guaranteed 6% markup (now about 20 cents/gal) and the Wisconsin fuel tax is still among the highest in the USA.

Not to mention that Our Congressional Delegation is perfectly happy to stuff ADM and its Corn-A-Holing friends with money--from your pockets--which has the effect of removing food from the tables of people in the Third World.

Happy days!

5 comments:

discalcedyooper said...

The Federal Appeals Court about 3 months threw out the minimum markup on gas. The said the calculation for the baseline was ambiguous.

Dad29 said...

Not quite.

It was a magistrate, not even a District Court Judge.

And while he questioned the methodology, the application of the law has NOT been enjoined.

Anonymous said...

Might be time for Wisconsin to start doing what several US cities are doing, getting caught up on mass transit. Salt Lake City's suburban commuter rail started today.

asianbadger said...

Anonymous...make sure you check the ridership numbers and subsidy figures on that mass transit.

Get back to us on a regular basis.

Anonymous said...

The ridership numbers are pretty high and the subsidies are the price we pay for conservation.