I Told You We Were Buying Theirs And Saving Ours

Discussion in 'Politics' started by Cammmpbell, Mar 6, 2012.

  1. Cammmpbell
    Offline

    Cammmpbell Senior Member

    Joined:
    Sep 13, 2011
    Messages:
    5,095
    Thanks Received:
    517
    Trophy Points:
    48
    Ratings:
    +517
    10 little known

    ExxonMobil makes pennies per gallon on gasoline, diesel and petroleum products it refines and sells in the United States. In the first and second quarters of this year, ExxonMobil made 7 cents and 8 cents, respectively, on the gasoline, diesel and other petroleum products it refined and sold in the United States. Comparatively, local, state and federal gasoline taxes average nearly 49 cents per gallon nationally, with a high of 67 cents in states such as California and New York.

    In Tennessee we pay $0.184 state and $0.214 federal. Total is about $0.40 per gallon and it's been that for a very long time.

    The monthy amounts of imported crude have run close to the same for 30 years

    Anyone who says the president has anything to do with gasoline prices is nuts
     
  2. bitterlyclingin
    Offline

    bitterlyclingin Silver Member

    Joined:
    Aug 4, 2011
    Messages:
    3,075
    Thanks Received:
    414
    Trophy Points:
    98
    Ratings:
    +448
    If you drill a 'dry' hole, you lose. The only thing you have to show for it is a charge against whatever income you may have made. If you buy a barrel of Saudi Crude, there's no risk, you just have to bring it here and sell it. Even if the price goes down between when you buy it and when it gets pumped into some purchasers tank, prices never go down as fast as they went up in the first place. America is a risk averse society today. So is Exxon Mobil.
    "Laissez les bontemps roulez!" is the rule for today's America. See Sandra Fluke.
     
  3. waltky
    Offline

    waltky Wise ol' monkey Supporting Member

    Joined:
    Feb 6, 2011
    Messages:
    20,782
    Thanks Received:
    1,789
    Trophy Points:
    215
    Location:
    Okolona, KY
    Ratings:
    +3,860
    Works kinda like the AMA havin' a choke-hold on the number of medical schools which limits the number of doctors...
    :mad:
    As refineries close, experts say U.S. gasoline shortage may strike during peak driving season
    Friday, March 23, 2012, A rising number of oil refineries have closed along the East Coast.
    See also:

    Critics rip Obama claim that drilling in U.S. won’t drop gas prices
    Thursday, March 22, 2012 - President Obama has been touring the country this week touting increased oil and gas production numbers during his time in office — but his selective quotes and figures tell only part of the story.
     
    Last edited: Mar 23, 2012

Share This Page