So, the Government makes 59 cents per gallon, and the entire supply chain makes 82 cents per gallon, according to this graph.
So, the Government makes 59 cents per gallon, and the entire supply chain makes 82 cents per gallon, according to this graph.
Note too that “Extraction Profits” rae 73 of the 82 cents, and that extraction is usually done by government monopolies around the world (Saudi, Venezuela, Mexico, etc.)
That means that almost every profit cent in the price of a gallon of gas goes to a government.
In the state of Nevada, the State makes more on sale of a gallon of gas than the producer. If you add in the amount that the Federal Government makes on a gallon of fuel, it is very easy to see who the big winner is. Exxon nets less than .05 cents per gallon of fuel sold. It is easy to see who the big robbers are.