http://tonto.eia.doe.gov/oog/info/gdu/gasdiesel.asp
Posted on 05/25/2008 2:49:33 PM PDT by kellynla
A Primer on Gasoline Prices
http://www.eia.doe.gov/bookshelf/brochures/gasolinepricesprimer/
Energy Information Administration
At these prices it’s not even worthwhile shopping for the lowest price in town. I just fill up at the nearest station. All of their prices are obscene. Thanks RATs & RINOs
Send this to your congresscritter, to Bill O’Reilly and all the other populist demagogues out there.
I was buying my gas by setting a dollar amount a month, and filling the tank with it.
Now I set a dollar amount and I’m lucky if the tank is 3/4 full; but when the needle sits on “E,” you can bet I’ll find alternate methods of transportation!
What we need is a good, old-fashioned gas war.
Anybody know where I can find hard data on profit per gallon of gas sold vs. taxes per gallon collected?
“Anybody know where I can find hard data on profit per gallon of gas sold vs. taxes per gallon collected?”
Sure, for starters, you can check out the link I posted in my first post. That’s the Energy Information Administration, Departmen of Energy’s website. Lots of good info there. And of course gasbuddy.com has more info.
That’s an informative link, but it doesn’t seem to cover the actual profit gained by so-called “big oil” companies. I believe that actual net profit per gallon is a lot less than what the government gains in taxes and fees.
That’s much better than the Washington Post, who ran a front-page story on how evil Exxon-Mobil was even taking advantage of their own franchise owners in their evil lust for a few more pennies of profit.
http://tonto.eia.doe.gov/oog/info/gdu/gasdiesel.asp
The democrat party has its nose stuck so far up the anus of the Sierra Club they have to ask permission to breathe.
I believe “thackney” will be able to help you with exact figures.
it ain’t the rats nor the rinos. If you have a 401(k) mutual fund, you should check and see if Energy EFTs are any part of their portfolio. THOSE are the B-Tards that are pushing this up.
At some point, there is going to be a :long” squeeze on the futures. Once the inventory starts moving in the other direction, the speculators will start to see their profits decline. They will rush to the door, and that will start a downward cycle.
It ain’t the local gas guy and it aint the government. Its the gas futures market. Where do you think the big time speculators went when the housing market crapped out.
Capitalism at its best...and worst.
PS: Big Oil buys their oil years out to smooth out the expenses. They are making a killing now on oil they bought two years ago. But that is going to swing around pretty damned fast.
Bingo!!! I've trying to explain this to people for months.
My Republican congressman, Steve King says otherwise. He’s taken the trouble to go to ANWR. I’ll believe Steve King over Bill Nelson any day.
Can't speak for all of them, but a good bunch of them crapped out along with the housing market. Buying with high leverage doesn't work too well in a market where supply exceeds demand.
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