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?
Saxxon, I don’t care, really. Nothing you or I are going to do about the price of gas.
I’ve long moved on that we have a free market and all the defenders (who to a degree are right on some facts) bore me.