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0 pointsChuckMcM13y ago0 comments

To be fair you have to subtract off Federal taxes which the government doesn't pay for the fuel it buys which brings it down closer to $2/gal.

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dalke13y ago

That quoted price was the spot price. It doesn't include Federal or other taxes.

Let's suppose that it did include taxes. Federal tax for jet fuel for non-commercial-aviation use is 21.9¢/gal so even if the quoted price of $3.135/gal included federal tax, the without-tax price would still be $2.916/gal, which is a lot closer to $3/gal than $2/gal.

(Gas for commercial aviation use is also subject to the federal transportation tax and harder for me to figure out.)

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0 pointsChuckMcM13y ago0 comments

To be fair you have to subtract off Federal taxes which the government doesn't pay for the fuel it buys which brings it down closer to $2/gal.

0 comments

dalke13y ago

That quoted price was the spot price. It doesn't include Federal or other taxes.

(Gas for commercial aviation use is also subject to the federal transportation tax and harder for me to figure out.)

j / k navigate · click thread line to collapse