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Lincoln Daily News publishes letters to the editor as they are received.

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the views of Lincoln Daily News.

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Letters to the Editor
Lincoln Daily News
601 Keokuk St.
Lincoln, IL  62656

Letters must include the writer's name, telephone number, and postal address or e-mail address (we will not publish address or phone number information). Lincoln Daily News reserves the right to edit letters to reduce their size or to correct obvious errors. Lincoln Daily News reserves the right to reject any letter for any reason. Lincoln Daily News will publish as many acceptable letters as space allows.

Price gouging?          Send a link to a friend

Note from the editor about fuel tax rates, costs and profit:

Last week the wholesale cost of gasoline was $1.86 per gallon. With taxes, fees and transportation added, the cost to the vendor was $2.29 per gallon. The price at the pump was $2.59. While we do not have the current wholesale prices, we all know that they have jumped since then.

Some comparative figures for gasoline and LP:

  • $.19 per gallon state tax
  • $.18.4 per gallon federal tax
  • $.007 underground storage tank fee
  • $.003 environmental impact fee

Total taxes and fees:

  • $.38 per gallon taxes and fees


  • $.05 per gallon transportation cost


  • $.43 per gallon taxes, fees and transportation

43 cents per gallon taxes and transportation cost
30 cents per gallon profit

[to top of second column]

To the editor:

Can someone say price gouging? Lincoln seems to always mess with the price of fuel when something happens. Price here in Alabama has not changed a bit. Still $2.39 a gallon. It's a shame the oil companies still take advantage of people even when they are making a killing already.


(Posted Aug. 30, 2005)

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