Posted on 04/21/2006 10:51:50 AM PDT by Lucky9teen
(2006-04-22) A spokesman for the U.S. oil industry today said the cost of gasoline at the pump has increased lately due to the high cost of fuel.
Industry expenses have increased substantially for company cars, corporate jets, tank trucks, ocean-going oil tankers, shipping refinery parts and other operations dependent on petroleum products, the unnamed industry source said.
When the high price of fuel jacks up the cost of delivering gasoline to the consumer, we need to recover that cost some way, and that means higher prices at the pump, he said. Thats just petroleum economics 101."
Is that like a "knot" on the head? ;)
I was about to ask how much this study cost us before I saw the Scrappleface tag. :)
Should be "note to self". I'm 0 for 2 today!
Maybe we should go back to dirigibles. Yeah, that's the ticket!
"They make the damn fuel!"....Didja firgit the sarcasm off notice?
Was only playing. Had a customer do it to me so now I try to engage gear between fingers and brain. Sometimes they grind though.
Yes, the average profit on a gallon of gas is 6 to 9 cents. But the govt, which does nothing to provide the gas and therefore incurs no cost, and actually drives up the cost with an infinity of regulations, makes a profit of up to 40 cents a gallon (whatever it is you're paying in taxes at the pump). It's the govt that's price-gouging, not the oil companies.
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