gas price going down

[mtncat1]

$20 a barrel oil = $1 a gallon gas give or take depending on taxes. Prices are still extremely inflated.

 

the problem is gas tax is over a dollar a gallon so gas can't really go much cheeper

Sorry - that's just not true with regard to what we pay at the pump when we fill our motor vehicles.  Were you perhaps refering to some other place taxes are applied to motor vehicle fuel? 

Utah adds 31.1¢ to a gallon of fuel (Link) and the Feds add 18.4¢ to gasoline and 24.4¢ to diesel (Link).  That's a total of 49.5¢ added to the actual cost of gasoline and 55.5¢ added to the actual cost of diesel.  You can argue the value to the country at those rates, but it isn't even close to being over a dollar.  

you may be right bob , your numbers sound a little low to me ,but  that dosen't change my point ,a huge part of buying fuel is the state and fedral tax on it, and that it will quickly get to the point that the cost of production will be more of a factor in cost than the price of the crude oil .