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amdx[_3_] amdx[_3_] is offline
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Default Where does my $4 a gallon go ?

On 7/28/2014 4:04 PM, SteveB wrote:
Look for Dubai Miracle Garden in the usual places. Except amdx, who
will have to have someone translate.


Here's a good breakdown of gasoline costs.
http://energyalmanac.ca.gov/gasoline/margins/
So you can see what part actually goes to the exporter.
What you may find interesting, of all the crude oil used in the US in
2013, only .00013% was from the UAE.
From the chart above about 64% of the $4 goes to the producer or $2.56.
So if you put all the US's crude in one big pot and made gasoline, about
3/100 of 1 cent of your $4 would go to the UAE.

We used 6.89 billion barrels and imported 898,000 barrels from the UAE.

Here's an approximate breakdown of imports by country.
39% is produced domestically
20% comes from Latin America
15% comes from Canada
13% comes from the Persian Gulf
5% comes from Africa
3% comes from other countries.


Why would you think I would need a translator.
What have I said in what thread would make you think I wouldn't
understand. Be precise, you suggested it, so it must be right at your
fingertips.
Thanks, Mikek


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