Comment on the February 6 prediction: Exactly as predicted, prices rose to $3.79 on Thursday. That was CORRECT! But where did this new hike to $3.89 come from?
Monday, February 11, 2013, 6:00PM: Wholesale prices rose another 7 cents on Friday, so we got a hike today to $3.89. Does that explain it? Or it there something more devious going on? Perhaps some Big Red person doesn’t like the gas tax hike that Michigan Gov. Snyder proposed last week, and is trying to send One Tough Nerd a message? So far, Michigan seems more greatly affected by today’s hike than our Big Ten neighbors.
Here’s my take on gas taxes: Someone has to pay to build and maintain our roads, and in northern states like Michigan, it costs more because of the effects on winter weather. So, when I hear comments like, “Michigan has high gas taxes already”, those higher taxes may be justified. We also have improving fuel economy, so the owners of hybrids are paying less gas tax, because they are buying less gas, but they are using the roads just as much. But, I don’t want the state to start reading black boxes on cars to determine how many miles I’ve driven. Is the current fuel tax insufficient to pay for road construction? Probably, but I’d like Snyder to be more convincing about this before agreeing to a tax hike. But what would be the fair tax to hike? Yes, I have more questions than answers right now. –Ed Aboufadel