[lbo-talk] Iraq to cost $600b?

Doug Henwood dhenwood at panix.com
Tue Aug 12 14:19:31 PDT 2003


Jordan Hayes wrote:


> > Gas did fall from $1.73 a gallon in March to $1.53 in
>> June, but it's back up to $1.58 now - 14 cents higher
>> than a year ago and 35 cents higher than Dec 2001.
>
>How much of that is taxes? Is there a dataset that takes taxes out of
>the equation? I wonder if states are raising gas taxes to help the
>budget shortfalls?

The EIA's series includes taxes, and is an average of all blends in all regions. I don't think taxes have been raised significantly - maybe here & there, but not enough to matter.

Doug



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