From WMURT-TV in New Hampshire: New Hampshire's House voted Wednesday to phase in a 12-cent hike in the gas and diesel tax to fix deteriorating roads and bridges, setting the stage for a budget battle with the Senate.
Whew! It's going to be phased in. According to New Hampshire Gas Prices.Com, the current average price of a gallon of gas in New Hampshire is $3.60.
The 12 cents hike will be phased in 4 cents a year for three years. So New Hampshirians, you have three years to adjust. Don't you love government?
I know what some of you are thinking. Don't oil companies determine the price of gasoline? No, you silly little mainstream media follower. Two-thirds of the price of gas is federal and state taxes. If gasoline was tax free, the price of gas in New Hampshire would be $1.20 a gallon today. Fat chance in hell of THAT ever happening because road and bridges have to be repaired. Allegedly .
So, the next time you want to protest BIG OIL for price gouging and what not, remember this story that probably won't make a blip on the national medias radar screen. But if Shell Oil makes a record profit this year you can bet that CNN, MSNBC, The Daily Show et al will be the first to let you know about it.
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This still isn't a national news story. If Exxon made a public announcement that they were raising their gas prices by 12 cents, everybody from Bill O'Rielly to Anderson Cooper would make a stink about it. But it's government who is fleecing you, so it's okay?
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