"VRWC Destruction Machine" wrote in message
...
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%

its interesting looking at the numbers closely. my question to you is this:
does that 49 cents net profit include the profit of the retail gas seller?
my quick work on the calculator indicate that the 49 cent number includes
profits of several entities along the way. so the 13.5% margin is not what
goes into the "oil company" pocket, but into several different pockets.



-

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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?