BTW on those gas prices and who gets the cash: my father in law had a Mobil station in San Francisco for many years as an independent. The most HE ever got per gallon was around 5 cents, and that hasn’t changed today; the station folks get squat as the wholesalers and base corporations like Mobil, Chevron, Shell, BP, stage the business, including paying themselves for “distribution” as well as refining and production at the well head, have always, and still do, get well over 90% of the profits, and cash from the pump.
I’d say roughly one-half of one percent, at most, of folks in the “general public” have even the slightest clue about how the energy industry functions. That’s especially true as wind, solar, and nuclear are also now controlled by the fossil fuel boys to an ever increasing percentage. Hydro still owes a lot to government dams in Tennessee and the west, but those “energy” companies are working their way in there too.
When gas was 23 cents a gallon, a friend who owned and oil company wells, refinery, and stations, said it well, “Owning an oil company is a license to print money.” Today it also means being able to digitally 3-D print your very own Congressperson robot as well!
BTW on those gas prices and who gets the cash: my father in law had a Mobil station in San Francisco for many years as an independent. The most HE ever got per gallon was around 5 cents, and that hasn’t changed today; the station folks get squat as the wholesalers and base corporations like Mobil, Chevron, Shell, BP, stage the business, including paying themselves for “distribution” as well as refining and production at the well head, have always, and still do, get well over 90% of the profits, and cash from the pump.
I’d say roughly one-half of one percent, at most, of folks in the “general public” have even the slightest clue about how the energy industry functions. That’s especially true as wind, solar, and nuclear are also now controlled by the fossil fuel boys to an ever increasing percentage. Hydro still owes a lot to government dams in Tennessee and the west, but those “energy” companies are working their way in there too.
When gas was 23 cents a gallon, a friend who owned and oil company wells, refinery, and stations, said it well, “Owning an oil company is a license to print money.” Today it also means being able to digitally 3-D print your very own Congressperson robot as well!