I assume the state's revenue is hurt by higher prices since most gas taxes

are a fixed amount per gallon rather than a percentage of the price so as the quantity sold drops with the higher prices doesn't the revenue also drop.
I know you were being funny and I did laugh, but I'm just throwing this out there because I think it's true, but not 100 percent sure.

In response to this post by MP4VT2004

Posted: 03/07/2022 at 4:59PM

Some comforting gas price news here in the Old North State - -- PhotoHokieNC 03/07/2022 3:59PM

We’re being taken advantage of by the old coot at 1600 Penn. Ave, NW** -- B777Fr8Dog 03/07/2022 5:32PM

The price gouging was caused by shutting down the Keystone pipe line -- mlewisr 03/07/2022 5:14PM

^^THIS^^ ** -- HOKIERIT 03/07/2022 6:58PM

Fact: As of 2022, US oil production is just under 12 million barrels a day, -- carhokies 03/07/2022 5:38PM

Keystone XL would not have been completed yet even if Biden had signed off ** -- CapeAnnHokie 03/07/2022 6:26PM

People like the ones in this topic don't care about facts. They want to -- AbsolutVT03 03/08/2022 9:35PM

If gas was not going to be restricted for the US, and net exportable to -- reconhokie 03/07/2022 7:06PM

Couldn't they reduce the state gas tax temporarily? Seems like something -- FlintMS 03/07/2022 4:33PM

Then the highway maintenance funds get shortchanged -- KeithHokie89 03/07/2022 6:19PM

I mean that sounds good but I think the people skimming off the top would -- FlintMS 03/07/2022 7:55PM

But then the state wouldn't benefit from the increased prices. -- MP4VT2004 03/07/2022 4:42PM

I think it's a flat rate per gallon in NC ** -- FlintMS 03/07/2022 5:47PM

Lol. ** -- ColoVT82 03/07/2022 5:31PM

I assume the state's revenue is hurt by higher prices since most gas taxes -- radhokie1 03/07/2022 4:59PM

I completely agree but have no idea why. ** -- PhotoHokieNC 03/07/2022 5:37PM

Yeah, I think you are correct. ** -- MP4VT2004 03/07/2022 5:05PM

Act of legislature alone. Not that that stopped anybody overriding that. ** -- PhotoHokieNC 03/07/2022 4:37PM

That’s the problem. Greedy price gouging gas station owners. ** -- RoswellGAHokie 03/07/2022 4:09PM

Not when crude hit $130 a barrel this morning -- fordham 03/07/2022 5:01PM

Yeah, I heard on an economist podcast we were approaching Venezuela -- Tafkam Hokie 03/07/2022 5:36PM

I heard that too. And now we are acknowledging the actual president, not -- NokieHokie 03/07/2022 5:39PM

For all we know, Putin is working for them. TIC ** -- MP4VT2004 03/07/2022 4:16PM

"In Russia, gas pump you." ** -- PhotoHokieNC 03/07/2022 4:37PM

You betcha. ** -- PhotoHokieNC 03/07/2022 4:11PM

AG's aren't known for their proficiency in economics. ** -- Major Kong 03/07/2022 4:09PM

I assume the state's revenue is hurt by higher prices since most gas taxes

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