Would Clinton's and John McCain?

Question

vacation on fuel tax ??

Help trucker's and low cost of food ??

Answer 1

The proposed fuel tax "vacation" is only 18 cents.  

Diesel costs as much as $4.50/gal in some parts of the country.  Most everywhere, it's at least $4.15-$4.20.  Oregon and Missouri are the only places I've seen it right at $4.00 lately.  

$4.32 for diesel in California, if the tax vacation goes through, is still downright stupid.  4 dollar per gallon diesel in the rest of the country, is still expensive.  $3.80 for diesel in Oregon, etc is still expensive.  

If the average trucker uses 640 gallons of fuel per week (3200 miles, 5 miles per gallon)....an 18 cent drop in the price of fuel is only going to save the truckers $115.20 per week, or $460.80 per month.

That won't even cover the cost of one month's insurance payment.  It won't buy an extra full tank of fuel.  It won't buy a new set of steer tires.  Heck, one week's savings won't even pay for an oil change.  

Many owner-operators are already stretched to the limit.  If they're staying in business, they're either hauling specialty high-dollar freight, or they're barely making their payments & relying on their spouses to pay the household bills.  An extra 460 bucks a month isn't going to make that much of a difference.  

With that in mind, I'm inclined to heed Obama's warnings, that a government-imposed drop in fuel prices will increase demand.  Prices are high already because demand is meeting or exceeding supply right now.  The natural economic balance usually dictates that when prices go up, demand for a product usually drops, giving supply a chance to "catch up" with demand.  If there's a false drop in prices & demand goes up when it's supposed to  be going down, it could cause more problems than anything else.  

But that's just my 2 cents.  :)

Answer 2

I think Clinton will/would, just so you know its a terrible idea, similar to the stimulous package it may put a smile on your face for a few days but then reality kicks back... im actually a Juan McCain supporter but i do belive Obama has it right this time