by Sir Ray
I would believe that a tax of .20/US gal (~.5cents/litre) could be applied in the US without too much arguement IF it was dedicated to transporation funding. Actually, such a tax slowly applied over a few years could get up to .80c/gal (1.00/gal would be a resistance point).
Last year (well, 2005) people in the US freaked out because fuel costs shot up over 3.50/gal after Katrina, and the psychological impact of that was rather huge (edit - significance of that price is gas averages 2.50/gal currently, and additional 1.00 tax/gal = 3.50/gal, so keep it below 3.50). I believe it hit over $4/gal (roughly $1/l), a price which had not been seen in the Contential US, and nobody was sure where it was going to go from there.
Anyway, such a tax dedicated again to transportation purposes would be acceptable to most people in the US, and a portion of it would applied to real alternate fuel research - currently the Dems have voted on bills which would remove a subsidy to offshore oil drilling (which oil companies would do anyway - the program was basically used as a giveaway to Georgie's CEO friends) and use that 18 Billion for alternate fuel research, which I support as mentioned in my above posts. There is no question that private vehicle ownership will continue at a high level not just the US & Canada, but Europe and increasingly Asia (the developing sections)/Africa/South America as well - just not with cheap $30/bbl gas IC engines anymore. I just hope the millions of new Chinese-built private vehicles coming are fuel-efficent and convertible to renewable fuels.
Hmm, 1.50 NZD/l, NZD/USD ~ .700, 1l = .26g
(1.50 * .70) / .26g/l = 4.04 USD/gal, which is roughly the highest average price level seen after Katrina...
Also, does NZ Billion = 10^9 like the US, or Billion = 10^12 like the UK?
Last year (well, 2005) people in the US freaked out because fuel costs shot up over 3.50/gal after Katrina, and the psychological impact of that was rather huge (edit - significance of that price is gas averages 2.50/gal currently, and additional 1.00 tax/gal = 3.50/gal, so keep it below 3.50). I believe it hit over $4/gal (roughly $1/l), a price which had not been seen in the Contential US, and nobody was sure where it was going to go from there.
Anyway, such a tax dedicated again to transportation purposes would be acceptable to most people in the US, and a portion of it would applied to real alternate fuel research - currently the Dems have voted on bills which would remove a subsidy to offshore oil drilling (which oil companies would do anyway - the program was basically used as a giveaway to Georgie's CEO friends) and use that 18 Billion for alternate fuel research, which I support as mentioned in my above posts. There is no question that private vehicle ownership will continue at a high level not just the US & Canada, but Europe and increasingly Asia (the developing sections)/Africa/South America as well - just not with cheap $30/bbl gas IC engines anymore. I just hope the millions of new Chinese-built private vehicles coming are fuel-efficent and convertible to renewable fuels.
Hmm, 1.50 NZD/l, NZD/USD ~ .700, 1l = .26g
(1.50 * .70) / .26g/l = 4.04 USD/gal, which is roughly the highest average price level seen after Katrina...
Also, does NZ Billion = 10^9 like the US, or Billion = 10^12 like the UK?