[thackney]

The deception is each of the other catagories also includes significant taxes. The tax amount in the chart is only the taxes added to the finish product at the point of final sale.

Gasoline and Diesel Fuel Update
http://www.eia.gov/petroleum/gasdiesel/

[Dilbert San Diego]

Thanks, that’s exactly what I was interested in.

You are right, there are hidden taxes in the costs of each category, which are passed along down the line.

Bottom line is that we consumers end up paying these taxes, indirectly, as part of the cost of gas. Or of any product we buy at retail, for that matter.

[dalereed]

In 74, Joe Shell, the Pres. of the independent oil producers of California that the taxes from ground to pump in California was 78%.

the VPs at Union Oil said that at that time they had 400 years of reserves that would supply the US if consumption doubled every 100 years.

As a disclaimer, I used to have lunch with them at Little Joes in LA at least once a month so the 400 number could have a little gin mixed in!