Gas prices are getting closer to $3.50 a gallon, as oil hit another high this week — more than $117 a barrel, many experts expect oil to hit $200 a barrel soon.
Now, imagine paying the coming $8.00 a gallon for gas.
For a 20 mpg car that equals .40 cents a mile.
But, don't forget the new hidden tax to drive the freeways - the Gov. Rick Perry (R) and Sen. Kirk Watson (D) toll tax will more than double your $8.00 per gallon.
Add .44 cents a mile for the Perry/Watson freeway toll tax. That's an exorbitant amount of money to pay to drive to work, school and shop. How many miles do you drive?
Right now, if you have a car that gets 20 mpg, you are paying .16 cents a mile. Can you afford .84 cents a mile?
And, don't forget the managed lanes scheme (planned for Austin's MoPAC and other freeways across Texas). Folks in California are paying as much as $1.00 a mile at peak hours, for the managed lane toll tax. Gov. Perry and Sen. Kirk Watson will financially force you and yours out of your cars — you can take the bus for all they care.
In the past many months, the rising gas prices are already causing people to drive less.
And, who will pay when these double tax toll schemes fail, because many people can't afford to drive to work school and play?
All Toll Roads have Traffic and Revenue Studies that carefully map out the viability of the project. The official statement for Austin's 183A toll road states that if gas costs more than $3.00 a gallon over the next 40 years, it will not make a profit.
Austin 130 toll road, which has been behind in it's traffic projections already, has a ceiling of $2.50 per gallon over the next 40 years. We already shattered that $2.50 a gallon mark.
Will the toll roads fail? Most probably, but don't worry, Gov. Perry, Sen. Watson and their ilk will bail them out with your families tax dollars, while you are taking the bus.
The Perry/Watson plan to shift more Austin freeways to tollways will put even more financial pressure on Austin families.
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