JT

$5 per gallon in Manhattan

Recommended Posts

Gas prices have reached five dollars per gallon in New York City. One gas station in Manhattan’s Hell’s Kitchen neighborhood listed its gasoline for $4.999 per gallon. National average price for regular gas is $3.10,  but this looks to me like testing the consumers

  • Like 1

Share this post


Link to post
Share on other sites

No. Last winter I saw pair of ripped pants for $1.000. Was just window shopping 

  • Like 2

Share this post


Link to post
Share on other sites

have you seen the roads in NY? Highest taxes in the nation and the worst infrastructure. Looks like a third world country

  • Like 1

Share this post


Link to post
Share on other sites

  On 5/22/2018 at 7:36 PM, Joanna said:

Gas prices have reached five dollars per gallon in New York City. One gas station in Manhattan’s Hell’s Kitchen neighborhood listed its gasoline for $4.999 per gallon. National average price for regular gas is $3.10,  but this looks to me like testing the consumers

Expand  

So I can kiss that extra $1.50 goodbye

Share this post


Link to post
Share on other sites

that is when you choose to live in a place with high taxes. But you can always brag on Facebook that you tank up in Manhattan 

  • Like 1

Share this post


Link to post
Share on other sites

What was it in 2016? $1.54

Share this post


Link to post
Share on other sites

With real estate prices in Manhattan, merely owning a gas station must be a loss leader for something else.

  • Like 2

Share this post


Link to post
Share on other sites

  On 5/22/2018 at 7:36 PM, Joanna said:

Gas prices have reached five dollars per gallon in New York City. One gas station in Manhattan’s Hell’s Kitchen neighborhood listed its gasoline for $4.999 per gallon. National average price for regular gas is $3.10,  but this looks to me like testing the consumers

Expand  

$2.64 in Mississippi!

Share this post


Link to post
Share on other sites

You do realize, that the Trump president has nothing (or little) to do with gas prices right???

Share this post


Link to post
Share on other sites

  On 5/22/2018 at 7:36 PM, Joanna said:

Gas prices have reached five dollars per gallon in New York City. One gas station in Manhattan’s Hell’s Kitchen neighborhood listed its gasoline for $4.999 per gallon. National average price for regular gas is $3.10,  but this looks to me like testing the consumers

Expand  

Gas prices always go up before Memorial Day. They change the formulas for summer driving.

Share this post


Link to post
Share on other sites

  On 5/22/2018 at 7:36 PM, Joanna said:

Gas prices have reached five dollars per gallon in New York City. One gas station in Manhattan’s Hell’s Kitchen neighborhood listed its gasoline for $4.999 per gallon. National average price for regular gas is $3.10,  but this looks to me like testing the consumers

Expand  

Most of the cost is taxes

  • Like 1

Share this post


Link to post
Share on other sites

  On 5/22/2018 at 7:36 PM, Joanna said:

Gas prices have reached five dollars per gallon in New York City. One gas station in Manhattan’s Hell’s Kitchen neighborhood listed its gasoline for $4.999 per gallon. National average price for regular gas is $3.10,  but this looks to me like testing the consumers

Expand  

Why would anyone drive there. Uber or something

Share this post


Link to post
Share on other sites

$3.91 around here for a gallon of premium 

Share this post


Link to post
Share on other sites

"Summer Travel Plunges Due to Higher Gas Prices, GasBuddy Reveals" - perhaps economy is not as strong as it is pitched to be?...

Share this post


Link to post
Share on other sites

I hated driving in NYC.  Traffic and parking nightmare.  Took the subway instead.

  • Like 1

Share this post


Link to post
Share on other sites

So where are the blessings of U.S. shale oil production? This is kinda one of the things that i still like of Venezuela. I fill with 3 dollars almost 3 times my tank of my car... Ironies of world energy life.. 

Share this post


Link to post
Share on other sites

  On 5/23/2018 at 12:51 PM, jose chalhoub said:

So where are the blessings of U.S. shale oil production? This is kinda one of the things that i still like of Venezuela. I fill with 3 dollars almost 3 times my tank of my car... Ironies of world energy life.. 

Expand  

ship some here

  • Like 2
  • Upvote 1

Share this post


Link to post
Share on other sites

Average profit on a gallon of gasoline is less than a nickle, I believe (in the US). But federal taxes are roughly $0.184 per gallon. State taxes vary, of course, but New York's is $0.2585 per gallon--that's one of the highest rates in the United States. Some cities impose local taxes as well. And yes, after overhead costs such as retail space, land, credit card processing fees, etc, New York gas stations, in 2012, raked in 3 cents per gallon in profit.

Here is an interesting breakdown of gasoline prices at the pump (as of 2012):

Federal tax 18.4¢

State Petroleum Business Tax 17.8¢

State Motor Fuel Excise Tax 8¢

State Petroleum Testing Fee 0.05¢

State Spill tax 0.3¢

State sales tax 8¢

City sales tax in MTA region (4.375%) 16.9¢

TOTAL TAXES: 69.45¢

Refiner 23¢

Delivery 2¢

Gas station 22¢

Oil company $2.88

When gas prices become untenable, people either drive less (or not at all) or jump ship to another state where the cost of living isn't so high (I'm talking to you, California/New York).

Share this post


Link to post
Share on other sites

  On 5/23/2018 at 12:51 PM, jose chalhoub said:

So where are the blessings of U.S. shale oil production? This is kinda one of the things that i still like of Venezuela. I fill with 3 dollars almost 3 times my tank of my car... Ironies of world energy life.. 

Expand  

I think the blessings come not in the form of cheap gasoline, but in the form of security. Most of the monetary blessings from US shale likely goes to the US drillers :) Ultimately, what's good for US drillers is good for the US--but in other forms, not at the pump. It's what makes the world go round.

  • Like 1

Share this post


Link to post
Share on other sites

If you do not like the price of gasoline, buy a Prius, hybrid or ride a bike every once in a while. No one is forcing anyone to drive, we are all mature adults capable of making our own decisions, correct? Or am I wrong? The figure may have been back in 2011, but it does provide perspective as to how cheap gasoline in the U.S is, relative to other countries.europe.jpg.0f51e6998988337eba8d2301f37e4986.jpg

  • Like 1

Share this post


Link to post
Share on other sites

It was $4.79 near Death Valley on 5/22/2018.

  • Like 1

Share this post


Link to post
Share on other sites

Pictures of those prices?  GasBuddy says the highest price is $3.199, way below our prices in sunny Southern California.

  • Like 1

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

Ă—   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

Ă—   Your link has been automatically embedded.   Display as a link instead

Ă—   Your previous content has been restored.   Clear editor

Ă—   You cannot paste images directly. Upload or insert images from URL.