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High Gas Prices Slow US Driving And Obama Ratings

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High Gas Prices Slow US Driving And Obama Ratings
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submitted by: fancylad
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Obama, this is happening on your watch and it`s hurting your approval rating. I-A-B, what`s the deal? Is it his fault?
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Hits: 11420 | Favorites: 0 | Emailed: 1 | Rating: 2.1 | Category: News & Politics | Date: 04/26/2011
 
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Rich606
Male, 18-29, Europe
 22 Posts 		Tuesday, May 3, 2011 12:34:45 PM
This is really gonna make it hard for Obama come re-election time... Oh wait, he's the President that killed bin Laden. Well drat me square that`s lucky...
savagemonkey
Male, 18-29, Western US
 22 Posts 		Thursday, April 28, 2011 2:50:17 PM
@GeFeldz

Roughly 30-50 gallons for me, too. Although I have a really short work commute compared to many Americans. That will go up to 50-70 in a month when I move to the 'burbs. Rough estimate would be spending about 200 dollars a month on gas. Luckily I have a 4 cylinder work truck.

I had always thought many Europeans drive less due to cities with less urban sprawl and better mass trans. Haven`t been fortunate enough to see for myself yet, though, so would be interested to learn if that wasn`t the case.
MeGrendel
Male, 40-49, Southern US
 2408 Posts 		Thursday, April 28, 2011 6:41:25 AM
OutWest-"But, how much of what each of us pay is in TAXES?"

Covered in previous post (compared US to UK, not all of Europe), but will be happy to refresh.

The UK's tax rate is £0.5895 per liter (or litre, if you prefer) or about or $3.62 per U.S. gallon. Also added to that is a 20% Value Added tax (and yes, your tax is figured on your VAT tax, so you`re being taxed on your taxes). You have an equivalent tax rate of 175% on your gas.

Whereas in the US, the mean state tax of 27.2 CENTS plus 18.4 CENT federal tax gives a total of 45.6 CENTS per U.S. Gallon. Our equivalent tax rate is ~12% on our gas.

So, per US Gallon: UK taxes $3.62, US taxes $0.456
OutWest
Male, 50-59, Western US
 548 Posts 		Wednesday, April 27, 2011 3:14:27 PM
I keep seeing comparisons to what Europe pays vs what the USA pays? Irrelevant to the topic.

But, how much of what each of us pay is in TAXES?
GeFeldz
Male, 18-29, Europe
 124 Posts 		Wednesday, April 27, 2011 12:06:42 PM
How much gas do you use in your car per month in the us? I generally use between 35 and 50 gallons per month and i pay between 310 and 440 us dollars for that.
The exchange rate probably inflates our prices as there are many variables.
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