Posted by Paul Cook in Kempner, Texas on Saturday, June 24, 2006 at 12:38PM :
In Reply to: Gas futures posted by keithmerk on Friday, June 23, 2006 at 8:12PM :
Thanks for the gas futures advice. I wish I had been in a position to take advantage.
I'm surprised that one of the other Crusty Old Men has not jumped in and mentioned the tax issue. There's nothing I will avoid more arduously than taxes and loan interest - lawfully.
A significant part of the pump price is highway and other taxes. That's why there is dyed diesel fuel. And there are penalties for operating a vehicle on the highway using fuel for which the appropriate taxes have not been paid.
Follow your conscience, but you might not want to discuss doing anything potentially illegal on an open internet.
BTW, diesel here is $2.70 including taxes. P100 at $2.45 with taxes due might not be all that much of a bargain - particularly with legal excpenses and penalties.
Willy-H might want to look into getting a lawful exemption to use dyed diesel based on the exclusive use of the tender for fire fighting.
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