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To: cuban leaf

no kidding. Gas has been climbing like a scared monkey the last 30 days.

Now watch the oil industry apologists come in to educate us plebeians that you don’t put oil in you tank and that the oil industry makes razor thin profit margins.


30 posted on 03/03/2015 11:07:50 AM PST by roofgoat
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To: roofgoat

My state makes 22.3 cents a gallon just by holding out its hand.

The fed govt makes 18 cents a gallon the same way.

Quick, what is the profit per gallon to an oil company after they lease, explore, drill, produce, transport and sell gasoline to retailers?

And what is their profit margin on the 25% of oil that is non-fuel in use, such as that computer you are typing on?


32 posted on 03/03/2015 11:11:13 AM PST by SaxxonWoods (Life is good.)
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