Profit per gallon of gasoline (California)
Feds. 18.5 cent per gallon for doing nothing but collecting the money.
California 60 cents (going to near 80 cents in 2019) per gallon for doing nothing but collecting the money
Oil companies best I can tell profit about 25 cents per gallon for manufacturing and distributing. Said profits are then taxed. So just who are the fat Cats when it comes to making money on the sale of gas?
