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VRWC Destruction Machine VRWC Destruction Machine is offline
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Default Oil chiefs say high prices not our fault

wrote in crayon...

On Wed, 2 Apr 2008 09:42:25 -0800, "SteveB"
wrote:

The oil companies make 8 cents a gallon. Various governments tax it over a
dollar a gallon. Do the math, you ****ing genius.



Bull****

http://www.gaspricewatch.com/usgastaxes.asp

Your link gives incomplete estimates b because it leaves out other
costs.

For California it gives:

http://www.energy.ca.gov/gasoline/margins/index.html

Other taxes include a 6% state sales tax and 1.25% county, plus
additional local sales taxes and 1.2 cents per gallon state UST fee.

Actual costs Gallon of Gas (California) for March 31, 2008:

Distribution Costs, Marketing Costs and Profits $0.06
Crude Oil Cost $2.42
Refinery Cost and Profits $0.48
State Underground Storage Tank Fee $0.01
State and Local Sales Tax $0.27
State Excise Tax $0.18
Federal Excise Tax $0.18

Retail price $3.61
Net Profit $0.49

Profit Margin 13.5%

-

Mitchell Holman thinks he is the greatest thing on
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If Usenet revolves around Mitchie-Boy Holman why
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Who gives a rat's ass who Mitchell Holman is?