This is approximately what the cost of a gallon of gas breaks down to:
$4.00/gallon
$1.50 to State and US govs.;
$0.08 to the oil companies;
$2.42 to the refineries and vendors as a cost to keeping the gas flowing.
This is only an approximation but the lion’s share of the gasoline dollar AT THE PUMP goes to the various government entities.
Who is the gouger here?: The oil companies and all the middlemen?
Or the Government.
I would say the answer is obvious!
Regardless of the errors I may have made in the breakdown above: The government at all levels, profit, through taxation, much more than any of the oil companies.
The teachers in the above allegation are simply a “straw dog” and have no basis in fact nor gremane to the argument.
Bill, who’s picking up the expense of cleaning up the Gulf? Just sayin’…
By the way, I think you meant the teachers were not “germane.” And that is exactly the point of the cartoon. The GOP has been going after working people to distract from their policy of making the rich richer. Some Democrats are, too.
Found one breakdown on RedState,com (yeah, not Salon.com, RedState), that is quite different as well:
12% taxes
7% Distribution & Marketing
13% Refining
68% Cost of Crude Oil.
So your estimate of payment to government is, let’s see, more than triple the actual percentage.
Here’s the link:
http://www.redstate.com/vladimir/2011/05/03/why-does-my-gas-cost-400-a-gallon/
At my local pump $4.26 per gallon, $0.47 is the total for ALL taxes. Then ask, WHO are those oil companies paying high prices for the crude? THEMSELVES! ( in by far the most cases). Also on refining- they share the refineries and just throw “the other guy’s” additives in before gas goes in the trucks, “branding” is kind of silly. Then there was the case of the highest price in California being in Bakersfield, home to numerous refineries- so where’s the “distribution costs” there??
I DO indeed like the fact the con is on that “teachers” are the evil empire, well just like anyone with a union. Which, Boeing is moving some operations from Washington state to S. Carolina (no unions) and of course CHINA, so yup, cutting into that PROFIT MARGIN is a terrible thing in all industries. Paying people for their labor is UNAMERICAN!! Just ask Cheney!
willikiii about 13 years ago
Hmmmm.
This is approximately what the cost of a gallon of gas breaks down to:
$4.00/gallon
$1.50 to State and US govs.; $0.08 to the oil companies; $2.42 to the refineries and vendors as a cost to keeping the gas flowing.
This is only an approximation but the lion’s share of the gasoline dollar AT THE PUMP goes to the various government entities.
Who is the gouger here?: The oil companies and all the middlemen?
Or the Government.
I would say the answer is obvious!
Regardless of the errors I may have made in the breakdown above: The government at all levels, profit, through taxation, much more than any of the oil companies.
The teachers in the above allegation are simply a “straw dog” and have no basis in fact nor gremane to the argument.
Motivemagus about 13 years ago
Bill, who’s picking up the expense of cleaning up the Gulf? Just sayin’… By the way, I think you meant the teachers were not “germane.” And that is exactly the point of the cartoon. The GOP has been going after working people to distract from their policy of making the rich richer. Some Democrats are, too.
Motivemagus about 13 years ago
Found one breakdown on RedState,com (yeah, not Salon.com, RedState), that is quite different as well: 12% taxes 7% Distribution & Marketing 13% Refining 68% Cost of Crude Oil. So your estimate of payment to government is, let’s see, more than triple the actual percentage. Here’s the link: http://www.redstate.com/vladimir/2011/05/03/why-does-my-gas-cost-400-a-gallon/
biemmezeta about 13 years ago
makes perfect sense to me
Dtroutma about 13 years ago
MM’s citation lays it out best.
At my local pump $4.26 per gallon, $0.47 is the total for ALL taxes. Then ask, WHO are those oil companies paying high prices for the crude? THEMSELVES! ( in by far the most cases). Also on refining- they share the refineries and just throw “the other guy’s” additives in before gas goes in the trucks, “branding” is kind of silly. Then there was the case of the highest price in California being in Bakersfield, home to numerous refineries- so where’s the “distribution costs” there??
I DO indeed like the fact the con is on that “teachers” are the evil empire, well just like anyone with a union. Which, Boeing is moving some operations from Washington state to S. Carolina (no unions) and of course CHINA, so yup, cutting into that PROFIT MARGIN is a terrible thing in all industries. Paying people for their labor is UNAMERICAN!! Just ask Cheney!
pirate227 about 13 years ago
About the size of it.
OmqR-IV.0 about 13 years ago
I think Bill Ewing was on a British website explaining our price breakdown :
Or even
Duties & VAT comes to about 60% of the price of our fuel. Ho-hum. Methinks you all doth protest and cry too much.