A heads up: I’ll be appearing on Fox today: Cavuto on Business @ 4:15pm EST.
Terry Keenan is hosting, and the topics will be the usual stuff: Post-election markets, the Fed, the weak dollar. The other guests are Chris Lahiji, president of dailytrends.com, and Brenda Buttner, host of Bulls & Bears.
I assume that (once again) I will be playing the role of the moderate voice of reason.
Cavuto
On driving north from VA, I noticed gas was 35 cents a gal cheaper in NJ. That brought to mind the question as to whether State tax on gas was a set amt.. ie 10 cents per gallon, or it was indexed on the price as a percentage..ie 5% of the actual cost. A 35 cent spread leads me to believe it is the latter calculation. Are some States reaping large tax gains on the price of oil? Is anyone losing besides the consumer?