I am just wondering at level does the price of gas affect your decision to buy or drive an F150.

I personally wonder what is going to happen to the truck market if gas prices keep rising as they have been.

I know there are many factors that play a part of this
1) actual use of truck (if a truck is actually required for the driving you do)
2) How far you drive
3) your income



Anybody have any thoughts on this?
I know many automakers are still counting of much revenue from full sized trucks but that could soon change.

How much is too much $3, $4, $5, ...........?





Cheers
Broken003
http://www.CustomTiRings.com

 

$1.09 per gallon

I've been walking for three years now.

 

Well we are currently paying approx. $6 per US gallon over here in Europe and crazy people like F150Europe and myself are still driving trucks.

 

Ok, I am not driving as much as you guys do, I just hit 51,500 km's in 5 years but with an average MPG of 12 and $6 a gallon that's 50 dollarcent per mile on fuelcost alone.

Add to that roadtaxes, insurance, maintenance.

Rather expensive.

 

Gas for the F150's is paid by my employer so that's a different story, but for my personal vehicle, I get 25 MPG, and I drive about 100 mi / day. For me to stop driving, it would have to double the most I've ever paid, which means about $7/gal.

 

One question I have is, how much of that is the cost of gas, and how much is your government taxing the crap out of you.
In the US, the taxes are probably half the cost. Right now I am paying $1.63.

 

Here in Holland 80 % of the gasprice is tax and duties.

 

As usual screw the ones that have to work for a living.

 

Anything higher than .79 is robbery. As long as the oil companies pay big $$ to both political parties, we'll have to take it in the shorts.

 

I do agree that oil companies may be making a bit more profit then is reasonable, but you should know a good amount of the per gallon cost is tax and not just federal (which is not that much), you also have your state and local taxes as well and I am willing to bet that the state and local taxes are greater then the oil companies profit.

I don’t know that for sure, but if you took all the state and local taxes out it would be quite amazing on how nice the per gallon cost would be…

As far as you people in Europe paying high prices my question would be how many social programs do you have, or “free” handouts, like free medical etc? If you have lots of those nice social programs then there really not so free are they?

 

I do know that for sure...

Here in KY, we average around 17 cents per gallon tax on a state level. Local taxes, however, are considerably more and push that 15 cent total to around 42 cents. Louisville is a bad example because we are in what's known as an 'attainment' zone. I won't bore you with the gory details but, it's an air pollution thing set forth by US EPA. Federal taxes bump it up another 15-20 cents. That's a total of around 60 cents per individual gallon of fuel... straight tax.

Taxes are a necessary evil though. They do fund a good majority of my groundwater and soils remediation assessment work as the surrounding states (Indiana, Kentucky, Ohio) all have reimbursement programs geared towards cleaning up contamination as a result of leaking underground tanks and such. These 'mom and pop' types of places have to front initial cash but get reimbursed, almost entirely, by 'Assurance Fund' monies.

Also, it's important to note that anyone that is an 'end user' of fuel (i.e. consumers, airlines, etc) pays the final tax on petroleum products such as fuel.

RP

 

Thanks RockPick, excellent post. I don’t necessarily think taxes on gas are a bad thing in general. I was just pointing out the fact that there is “usually” a good chuck of tax money in the gas price and hence it’s not necessarily the “oil guys” trying to soak everyone for major profits.

However, with that said the one thing that has always irritated me about the “oil guys” is how they BS everyone about price spikes during bad times like winter, major world events etc.

I know how supply and demand works so I can understand when demand goes up so does the price. It’s based on the price of a barrel of oil on the market. So if the price of a barrel of oil goes up today it is not going to be refined and delivered to the gas stations tomorrow or the next day so why the hell does the price go up today or tomorrow? The other gas is already in the pipe line so the price “should” reflect what the “actual” price of the gas refined at the price of the barrel of oil it came from and not what that barrel cost “today”.

One of them things I guess…

 

RockPick, I do agree that there are a lot of good projects out there. Having said that, here in MD it seems every year someone wants to raise gas taxes for there pet project. If they raised income taxes as easily as they raised gas and other special taxes they wouldn't be in office any more.
An example is our lottery. This was originally to raise money for things that would help senior citizens, etc. Now it seems to be specifically for the stadium commision where they built 2 stadiums and pretty much let the teams use them rent free.

 

As F150Europe pointed out, about 80% of that is tax. The motorist is an easy target every time the budget comes around.

01XLT - If you are a taxpayer, these are definitely not free.
What they are is "Free at the point of contact" i.e. you don't pay the doctor or hospital directly.
I pay a total of 43% income tax. 10% of that is for my "free" healthcare. I could get pretty good medical insurance for way less than that but you cannot opt out.

Welcome to the Peoples Republic of Britain.

 

Yes that was indeed my point. In this fine country of America you have many liberals running around spouting how great many European countries are because of all the “free” goodies they get like medical.

However what they “fail” to mention is it does indeed get paid for by the working people like yourself and others with taxes from “somewhere”.

It just absolutely amazes me how many liberals in my country actually believe it’s entirely possible to get free goodies and not have to pay for it…