Honky's Gas Plan
    Honky's big idea is to eventually ease back into American oil Independence. Honky Johnson plans to lift the ban on offshore drilling, and work on building new gasoline refineries, but only after working along side the EPA, and giving the people back their voice in the matter. America must stop its dependence on foreign oil, while this dependence continues the American citizen is paying more and more money out of their pocket to satisfy the growing shipping costs and rising federal and state taxes. America has not built a gasoline refinery in twenty-five years, we must shake off two and a half decades of rust, and work on producing cleaner and more affordable refining and suppling the demand for gasoline. This plan is eco-friendly, for with every refinery that is built, twelve thousand trees will be planted. This Idea does not directly help the problem with the environmental problem, but indirectly it helps control the amount of forests cut down to make refineries, and the carbon emissions outputted by the refineries, etc...The gasoline tax is comprised of the what the state decides on making the tax, and on the set federal price. For the first quarter of 2008, the average state gasoline tax is 28.6 cents per gallon, plus 18.4 cents per gallon federal tax making the total 47 cents per gallon (12.4 cents/L). Honky will make all possible progress towards lowering the federal tax, to a lower and more accommodating cost. By reducing the federal tax to a minimum of 5 cents. Then the American people would already be paying 13 cents less, which on a bigger scale is a fair amount.






 7.5% Earnings*

 Source: Average of gasoline components from January through March 2008 as reported by EIA.
 WHAT INFLUENCES PRICES?

Gasoline prices are driven by the realities of global supply and demand for crude oil. There are also costs associated with refining, distributing and delivering gasoline that factor into the price you pay at the pump. When you adjust for inflation, today's pump price is actually lower than the peak retail prices of 1981. The relatively lower costs over the past two decades can be attributed largely to lower crude oil costs. Manufacturing, distribution, and marketing costs have also declined. Only taxes have increased.


 HOW MUCH HAS THE OIL AND NATURAL GAS INDUSTRY INVESTED IN ENVIRONMENTAL IMPROVEMENT?

The oil industry has spent an estimated $89 billion since 1993 to strengthen its environmental performance. This amounts to $308 for every man, woman, and child in the United States. While the environmental benefit of this investment is clear in our nation's ever-improving air quality, there has been a cost. Many refineries have been forced to close because they could not afford to meet more stringent government regulations. Today, approximately 150 refineries work to meet America's growing demand for gasoline, compared to more than 300 in 1980.

STATE AND FEDERAL TAX TOTALS-

While the Average State Tax is 28.6, many states have

 significantly higher state+federal tax totals.



  CLEANER FUEL MEANS CLEANER AIR

The average new car on the road today runs 97 percent cleaner than the average car built in 1970, thanks to a combination of cleaner gasoline and more efficient engines. As a result - although there are more Americans driving more miles in more cars than ever before - automobile-related emissions are down 41 percent since 1970.

 ARE OIL COMPANY PROFITS OUT OF LINE?

Oil and natural gas industry profits are right in line with the average for all industries. Because gasoline is so important to everyday life, some folks get nervous when prices go up and raise allegations of price gouging by oil companies. But, over the years, more than 30 government reports have confirmed that gasoline pricing is driven by legitimate market forces.

 GASOLINE PRICES ARE LINKED TO CRUDE OIL PRICES

The major components of gasoline prices are the cost of crude oil to refiners, federal and state taxes, and the cost to manufacture, distribute, and market gasoline.  Gasoline prices generally reflect price trends for crude oil.


HOW DO LOCAL ENVIRONMENTAL MANDATES AFFECT THE SUPPLY OF GASOLINE?