diesel prices

[jonyyuma]

Okay so to get back on Topic..It will soon take a Pint of Blood to buy a gallon of Diesel???

 

[Iowachild]

There ya go - me too..!

AKfish

Can't you get Al jazeera?

 

[Don87]

Can't you get Al jazeera?

That's supposed to be the 'real news' according to Hillary Clinton.

Of we could just get all of our news from George Stephanopolis. The real Jounalist.

Or we could keep listening to MSNBC or NBC, who has there newscasts printed for them by Media Matters For America......a totally unbiased source, which is a 501C-3(non-profit).

Diesel is 4.15 here.


But then again, we gotta look at yesterday's news. As of 2009, 49.5 % of Americans pay no federal taxes, and collect money from the government.


We have reached the 'tipping point' kiss your country goodbye.

 

[Dadof3]

We need to listen to our leaders when they talk. Allow me to paraphrase BHO during his bid for the White House. "I want all fossil fuels to go up in price". I guess this allows them to put more money into alternative energy companies like Solindra.

 

[rsewill]

The news came out yesterday that government debt in the US amounts to $44,215 for every man, woman and child in the country and yet there are people on this board talking about what a great job the government is doing. That is just un friggin believable. Our children are doomed. Democracy is a failure when half the population is too ignorant to read the writing on the wall.

I've heard a recording of Calvin Coolidge ranting about the massive $5B budget of his time. People will always rant about the end being near. It isn't. Just a dozen years ago we were on track to pay off the debt. Then we had the massive tax cuts for the rich and those same people who wanted those cuts are now ranting about the debt. Duh! The rich have managed to manipulate much of the electorate into believing they, the rich, are overtaxed. Amazing!

 

[Don87]

I've heard a recording of Calvin Coolidge ranting about the massive $5B budget of his time. People will always rant about the end being near. It isn't. Just a dozen years ago we were on track to pay off the debt. Then we had the massive tax cuts for the rich and those same people who wanted those cuts are now ranting about the debt. Duh! The rich have managed to manipulate much of the electorate into believing they, the rich, are overtaxed. Amazing!

Who do you consider rich?

According to this administration, it is a single person showing 200,000 on their tax returns, or married showing 250,000.

Do you realize that your local convenience store.........with less than 5 employees.......usually files their taxes on a 10-40 form(same as you), and shows income of well over 250,000. But they gotta pay the employees, and the Social Security, medicare, workers comp, unemployment..........plus repairs to the building, upgrades, heat, air, lights.............plus their own salary??????


George Stephanopolis is your man.............he is tellin you what he wants you to believe.


Positions like yours is why I try not to get into politics and such on forums...............


Because sooooooooooo many know soooooooooo little about life in general. Let alone the business aspect.


Ya wanna take all the money from the "rich".............run the numbers once. Ya got one chance to take everything they(the rich) have..........it will cover less than 10% of the federal deficit..............now ya got nothin but broke people..........and that includes the 'once rich' who did supply the jobs!!!!!


EDIT: I'll add one more thing that most don't think of...........Ya ever make a living working for a 'poor person'?

Think about it!!

Fuel still 4.15 at closing today, shouldn't raise til Monday at the earliest.

 

[rsewill]

Who do you consider rich?

According to this administration, it is a single person showing 200,000 on their tax returns, or married showing 250,000.

Do you realize that your local convenience store.........with less than 5 employees.......usually files their taxes on a 10-40 form(same as you), and shows income of well over 250,000. But they gotta pay the employees, and the Social Security, medicare, workers comp, unemployment..........plus repairs to the building, upgrades, heat, air, lights.............plus their own salary??????

You are confusing gross margin with income.

 

[Don87]

You are confusing gross margin with income.

Negative. This administration goes by gross receipts!!!!!!!

You are confusing facts with the administration's propaganda.

Go talk to the owner of your local gas station.............then we'll talk.


This is not a personal attack on you, you have been 'misinformed by NBC, CBS, MSNBC, ABC, or any number of others...........go start your own business once.........you'll find out in a hurry.

 

[foreman Etexas]

called an ordered diesel this morning an it was $3.40 a gal.

We do all are grocery shopping at Krogers and earn points,I used them points and filled up today,paid $2.40 a gallon:thumbsup:

 

[Don87]

We do all are grocery shopping at Krogers and earn points,I used them points and filled up today,paid $2.40 a gallon:thumbsup:

Lucky dog..........my nearest Kroger is about 35 miles, in another state. A direction I never travel in my car.

 

[Loren49]

Don87 - Could you post some evidence to support your claim that gas station owners are taxed on gross receipts. Simply repeating the claim does not give it validity.

Tax Challenges of Business Income
Gross Income

To calculate gross income, first determine net receipts (gross receipts minus returns and allowances) and minus the cost of goods sold. Returns and allowances include cash or credit refunds made to customers, rebates and other allowances off the actual sales price. Then add any other income, including fuel tax credits. Gross income must be determined first before deducting business expenses


The following site shows that most changes in the Internal Revenue Code literally require an Act of Congress not simply the decission of a President.
Tax Code, Regulations and Official Guidance

A review of the 1040 form and schedule C below will make it clear that all costs of operation are deducted.
http://www.irs.gov/pub/irs-pdf/f1040.pdf
http://www.irs.gov/pub/irs-pdf/f1040sc.pdf


Loren

 

[varmint]

Guys, get real on your "claims"... small businesses don't pay taxes on gross receipts, not in your worst nightmare. Many are subchapter S corporations, and their taxes are indeed much like yours and mine, and they, like us, pay taxes on adjusted income. Period. I just read a good explanation of how the country has shifted the financial balance from the many to the few, and here's a link, should anyone be interested:

Thomas F. Schaller - baltimoresun.com

Now, back to ranting about diesel fuel prices!

 

[Charolais]

Guys, get real on your "claims"... small businesses don't pay taxes on gross receipts, not in your worst nightmare. Many are subchapter S corporations, and their taxes are indeed much like yours and mine, and they, like us, pay taxes on adjusted income. Period. I just read a good explanation of how the country has shifted the financial balance from the many to the few, and here's a link, should anyone be interested:

Thomas F. Schaller - baltimoresun.com

Now, back to ranting about diesel fuel prices!

Uhh Rush, Glenn and Sanity said. LOL Thanks, you got it right.

Fuel prices made the largest increases with Nixon, Regan, both Bushes. I think I see a pattern. When you mess with the middle east this is what you get. They get rich and we get poorer. Get use to it. It's the new world of oil.

 

[crazyal]

Just be thankful for global warming keeping the winter warmer than normal. If heating oil supplies had been used up at a faster rate then it would have shot up like gas has. I think this summer is shaping up to be real ugly.

 

[crazyal]

Guys, get real on your "claims"... small businesses don't pay taxes on gross receipts, not in your worst nightmare. Many are subchapter S corporations, and their taxes are indeed much like yours and mine, and they, like us, pay taxes on adjusted income. Period. I just read a good explanation of how the country has shifted the financial balance from the many to the few, and here's a link, should anyone be interested:

Thomas F. Schaller - baltimoresun.com

Now, back to ranting about diesel fuel prices!

Read it and found it lacking. I notice that when talking about real tax rates the countries that came up were not countries leading the world in mfg. For example, say China or Korea. Secondly it was missing state, local, inventory, equipment, and a bunch of other taxes and fees that US businesses must pay.

 

[varmint]

The idea of how to even begin to talk about the "costs" of doing business in China sort of boggles my mind. I don't think anybody here wants to emulate China's way of doing manufacturing, from the Party's deciding who gets what, to the environmental disasters, to the bribes and uncertainties if you piss off the wrong people. From what I know, it can be a real scary place. Korea has issues, too. At least here in the good old USA, the mob is about the only scary thing affecting businesses, and you don't hear about them so much any more. Maybe if I were in the concrete business in NYC?

 

[peabody]

The cancelled oil pipeline was the 2nd one to be built. The 1st Keystone was operational in 2009. Right thru ND, SD to Chicago and OK. It's bringing 750,000 barrels a day of Canadian crude into the country right now - as you read this!

Keystone XL (2nd) was headed to tidewater in Texas - for export - yeah, you read that right!

Drilling in Alaska is higher now than it was at the beginning of the pipeline - yeah, that's right, too! Conoco Phillips is set to explore in the National Petroleum Reserve No. 4 this next year with a new bridge slated to be built across the Sag River. And Shell is going offshore in the Beaufort and Chuckchi Sea's this Spring - yeah, that's right, too!

Turn off Fox News.... and watch CNN once in awhile - you might learn something.

AKfish

Hahahahahaha. Turn on cnn ......hahahahahaha. now that was funy right there! !!
I just about flipped outta my chair reading that! !!!
Cnn is obamas hero! !! He loves them! !!! They are all anti-america.
peabody

 

[Soundguy]

4.6-4.95 here, depending on how close to the hiway you are...

 

[Iowachild]

Here is a link some of you might find useful: Bloomberg energy futures in New York Harbor.

Also for those of you interested, here are the Wholesale prices for: #1 kerosene = $3.65, home heating oil = $3.37 and clear ULSD = $3.48. these are the wholesale price being charged today (2/26/12) at the refinery where I work. Add on all applicable taxes to arrive at the final price!!

Extra note: Motor fuel taxes in PA

 

[danito]

Guys.. Face it, no matter if you hate or love the current administration. Oil is a limited ressource, we are nearing the end of the 'easy-to-extract' peak, and in the following years it will cost more & more to find & extract oil. Not to mention the Earth population is expanding and many former third-world countries with huge populations, such as China and India, are getting richer. It's economics 101. Less supply, more demand, and the ressource costs more to extract. No government can do anything about this; yes they can, for short period of time, lower a bit the price of gas/diesel by promising some part of Alaska or a pipeline but in the middle to long term range, it doesn't change anything. Face it oil prices will go up and up and up, until there is an alternative or the ressource runs dry...