Tax Cut Chart

We are getting a tax rebate right now Retail gasoline prices are down twelve cents from the high of December. Wholesale price delivered New York Harbor (above) down almost forty cents. You have to add $.48 per gallon to the wholesale price to arrive at retail, not including a ton of local add on tax. So untaxed retail price of gasoline today is around $2.80. Here in LA lowest price for unleaded regular is $3.06 but crude prices are dropping by the hour AND the dollar is rising (chart below).