[Conservative Coulter Fan]

The next time someone starts talking about the price of gas....how about filling them in on just what they are paying before they rant about being gouged..

[Conservative Coulter Fan]

Republicans and Gas Prices: Look in the Mirror

[MNJohnnie]

Ask them why the $.10 the Gas company makes in profit is "gouging" but the $.50+ the Government makes from the same gallon of gas bothers the ranters not at all.

[savedbygrace]

Looks like the numbers in the text apply to the 2003 graphic, not the 2006 graphic.

[topher]

Refineries are expensive little buggers to operate.

If one blows up, you can have $1 billion lawsuits (people killed, windows blown out, destroyed equipment).

I think the oil companies had to pay hundreds of millions of dollars in damages to refineries (and oil platforms) because of Hurricane Katrina and Hurricane Rita.

If the government ran oil platforms and refineries, the cost might be an additional 50 cents a gallon (IMHO).

[kimosabe31]

bump

[fzx12345]

At least the percentage that's in taxes is going down! </sarc>

[llevrok]

Today, Rush was talking about gas taxes. NY state's is on the dollar amount of the price, not a fixed cents amount. As a gallon price increases, so does the tax.

He said NY's was 62.5 cents vs. typical 35 cents elsewhere.

So where are Chucky and Hillary on NY's gouging??

[CGVet58]

bttt

[eastforker]

It cost less than $20 to produce a barrel of crude.

[Cementjungle]

This breakdown is for a gallon at $1.56
I would be curious to see it for a gallon at $3.00

[Mr Ramsbotham]

The next time someone starts talking about the price of gas....how about filling them in on just what they are paying before they rant about being gouged.

It does no good. People who can't program a VCR, spell the simplest words, or use an e-mail client are economics experts when it comes to gasoline prices.

[Political Junkie Too]

How much does it cost to produce a 30-second TV commercial? How much do networks charge for a 30-second spot during the Super Bowl? How much do networks charge politicians for endless 30-second campaign commercials every two years?

What do the networks do with that windfall profit?

-PJ

[narby]

For Exxon Mobil, I think you need to add about %0.1 percent for the CEO. That figure gets some people all worked up. But I don't really notice it after the government just raped me for 50 cents/gal.

[cmet]

Not sure where I stand on the tax augument, as this is somewhat a national sales tax. Those who use the roads.. pay for the roads! Eliminate the tax and then it would be necessary to increase other taxes. You know the government is going to get money for the road system from somewhere. If they dont, then many people will be without jobs and would be a staggering blow to the economy.

OTOH, if your position is cut off money from the government and they will waste less, then I am with you on that!

[Blood of Tyrants]

First, the majority of oil companies do not pay anywhere near the market for oil because they pump the stuff out of the ground, pay the federal government a small royalty and then refine it themselves. Some companies import more than they pump out of the ground, some import very little.

Truthfully, the less a company has to buy at market spot prices, the higher thier profit. Their record profits come from raising their prices to match the market, even if their true average cost was about $35 a barrel.

No matter hou you put it, they are screwing us.

[r-q-tek86]

ping

[Humidston]

And throw this into the mix:
http://www.freerepublic.com/focus/f-news/1621039/posts

Things are heating up.

[kabar]

Another link: Local, State and Federal Gas Taxes Consume 45.9 Cents Per Gallon on Average