Georgia and Maryland immediately implement a gas tax holiday statewide

[Anonymous]

Anonymous wrote:

Anonymous wrote:And prices dropped a full dollar. Allowing all Maryland residents to immediately benefit as they use their cars to buy groceries, take kids to school, go to work, run their lawnmowers. Businesses and trucking companies can run more supply chain services as well.

Funny. An immediate bit of aid to the entire state...wonder what that feels like 'families only' Biden?

I don't understand something. If the gas tax was $.36, and it dropped $1, didn't the gas station drop it $.64? So couldn't they have just lowered prices or not raised them so high in the first place? I just read part of the article and the posts here, but I don't get how the state dropping the gas tax results in such a huge decrease in prices.

This right here is the question I want answered.

[Anonymous]

Anonymous wrote:

Anonymous wrote:And prices dropped a full dollar. Allowing all Maryland residents to immediately benefit as they use their cars to buy groceries, take kids to school, go to work, run their lawnmowers. Businesses and trucking companies can run more supply chain services as well.

Funny. An immediate bit of aid to the entire state...wonder what that feels like 'families only' Biden?

I don't understand something. If the gas tax was $.36, and it dropped $1, didn't the gas station drop it $.64? So couldn't they have just lowered prices or not raised them so high in the first place? I just read part of the article and the posts here, but I don't get how the state dropping the gas tax results in such a huge decrease in prices.

Profit on gas is a few pennies a gallon, not $.64. $.03 is the average

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:And prices dropped a full dollar. Allowing all Maryland residents to immediately benefit as they use their cars to buy groceries, take kids to school, go to work, run their lawnmowers. Businesses and trucking companies can run more supply chain services as well.

Funny. An immediate bit of aid to the entire state...wonder what that feels like 'families only' Biden?

I don't understand something. If the gas tax was $.36, and it dropped $1, didn't the gas station drop it $.64? So couldn't they have just lowered prices or not raised them so high in the first place? I just read part of the article and the posts here, but I don't get how the state dropping the gas tax results in such a huge decrease in prices.

Profit on gas is a few pennies a gallon, not $.64. $.03 is the average

So why does dropping the $.36 gas tax lower the price immediately by a dollar like PP said? I thought margins were tight too. It doesn’t make sense to me and I’m trying to understand if I’m missing something or if the person who sets the price is just bad at math.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:And prices dropped a full dollar. Allowing all Maryland residents to immediately benefit as they use their cars to buy groceries, take kids to school, go to work, run their lawnmowers. Businesses and trucking companies can run more supply chain services as well.

Funny. An immediate bit of aid to the entire state...wonder what that feels like 'families only' Biden?

I don't understand something. If the gas tax was $.36, and it dropped $1, didn't the gas station drop it $.64? So couldn't they have just lowered prices or not raised them so high in the first place? I just read part of the article and the posts here, but I don't get how the state dropping the gas tax results in such a huge decrease in prices.

Profit on gas is a few pennies a gallon, not $.64. $.03 is the average

So why does dropping the $.36 gas tax lower the price immediately by a dollar like PP said? I thought margins were tight too. It doesn’t make sense to me and I’m trying to understand if I’m missing something or if the person who sets the price is just bad at math.

Just because someone said they dropped $1 does not make it true. The video in the 1st post shows them dropping 36 cents

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Great - this will be beneficial to Biden / Democrats in the midterms!

So Dems support short-changing the state treasury to buy votes. Got it.

And when the suspension expires in 30 days, you’ll blame Republicans for “jacking up gas prices”, right? Of course you will. Because you’re nothing if not predictable.

LOL

Do you want lowered gas prices or not? Even if lower prices mean you can't stir the anti-Biden sentiment pot so well?

Sure, I’d like to see prices lowered. By *market pressures* - not through gimmicks and tricks.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:And prices dropped a full dollar. Allowing all Maryland residents to immediately benefit as they use their cars to buy groceries, take kids to school, go to work, run their lawnmowers. Businesses and trucking companies can run more supply chain services as well.

Funny. An immediate bit of aid to the entire state...wonder what that feels like 'families only' Biden?

I don't understand something. If the gas tax was $.36, and it dropped $1, didn't the gas station drop it $.64? So couldn't they have just lowered prices or not raised them so high in the first place? I just read part of the article and the posts here, but I don't get how the state dropping the gas tax results in such a huge decrease in prices.

Profit on gas is a few pennies a gallon, not $.64. $.03 is the average

So why does dropping the $.36 gas tax lower the price immediately by a dollar like PP said? I thought margins were tight too. It doesn’t make sense to me and I’m trying to understand if I’m missing something or if the person who sets the price is just bad at math.

Just because someone said they dropped $1 does not make it true. The video in the 1st post shows them dropping 36 cents

Gas prices have fallen from recent peaks due to falling oil prices as well. (Not sure lower prices will last though.)

[Anonymous]

Hogan is mounting a bid for the presidency. He made sure Maryland was the first to eliminate the gas tax, then he promoted it.

Hogan has deftly identified strategic responses and quickly taken action. He’s a good leader in that respect, and I say that as a lifelong Marylander Democrat.

[Anonymous]

Gas prices are shady in normal times. It’s a market that grabs as much money as consumers are willing to pay so that companies can stay alive when it slumps back down.

CA is a good example. There s a .45 cent mystery surcharge above all taxes, more expensive formulated gas and national price. The mystery surcharge is likely from a monopoly in distribution that holds onto high prices after the price of gas falls elsewhere.

The concern over removing gas taxes is that the distribution chain will see it as a windfall for them and push prices back up to grab the savings. This s why taxing wind fall profits would have to go along with any gas tax holiday.

[Anonymous]

Biden just announced he's allowing blended gasoline sales...wth is that? Sounds like a recipe for car explosions.