ShareThisLiquid Fuel (Gasoline) Only
CURRENT:
153.5 mills per gallon x Average Wholesale cap of $1.25 = 19.2 cents per gallon
INCREASE CAP BY 25 CENTS:
153.5 mills per gallon x Average Wholesale cap of $1.50 = 23 cents per gallon (increase of 3.8 cents per gallon = $247 million)
INCREASE CAP BY 50 CENTS:
153.5 mills per gallon x Average Wholesale cap of $1.75 = 26.9 cents per gallon (increase of 7.7 cents per gallon = $500.5 million)
INCREASE CAP BY 65 CENTS:
153.5 mills per gallon x Average Wholesale cap of $1.90 = 29.2 cents per gallon (increase of 10 cents per gallon = $650 million)
INCREASE CAP BY 1 DOLLAR:
153.5 mills per gallon x Average Wholesale cap of $2.25 = 34.5 cents per gallon (increase of 15.3 cents per gallon = $994.5 million)
INCREASE CAP BY 1.10 DOLLARS:
153.5 mills per gallon x Average Wholesale cap of $2.35 = 36.1 cents per gallon (increase of 16.9 cents per gallon = $1.0985 billion)
TOTAL ELIMINATION OF THE CAP (to reflect current wholesale price):
153.5 mills per gallon x Average Wholesale cap of $1.72 = 26.4 cents per gallon (increase of 7.2 cents per gallon = $468 million)
