Replies

To: MichaelP

$130 barrel / 42 gallons = $3.09

$3.09 Cost of raw material
$ .18 Federal Tax
$ .12 State Tax (may very)

$3.39 Total

$4.00 Price at pump

$ .61 Funds available to pay for distillation, shipment, wholesale and retail overhead, and get a profit.

I don’t see the gouging coming from American oil companies.

5 posted on 05/28/2008 5:59:51 AM PDT by SampleMan (We are a free and industrious people, socialist nannies do not become us.)

To: SampleMan

Don’t forget

Extraction, Pipeline, Storage, and distribution. Also you can only make so much gasoline out of a gallon of crude.

These people are semi-retarded.

7 posted on 05/28/2008 6:03:46 AM PDT by SShultz460 (If peace is the answer; it must be a stupid question.)

To: SampleMan

Good post...

12 posted on 05/28/2008 6:05:35 AM PDT by econjack (Some people are as dumb as soup.)

To: SampleMan

Maybe they are still selling the gas made from the more expensive oil?

16 posted on 05/28/2008 6:24:33 AM PDT by sportutegrl

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