When is Big Too Big

[daveman]

Always with the big numbers.

Shock value (period)

Now show the profit margin, in percentages, then we'll talk.

I can't find anything for oil quickly, but here's a breakdown of gasoline:

Based upon a $3.00 gallon of gasoline, the average break-down is as follows.

Gasoline Retailer $.01 cents per gallon
Oil Company $.08 cents per gallon
Refining $.29 cents per gallon
Marketing/Distribution $.32 cents per gallon
Taxes $.59 cents per gallon
Cost of crude $1.71 per gallon (delivered)​

The government makes more on gasoline than the gas company does.

How dare you!!!!

Sorry to inject a bit of reality into an "EEEEEVIL OIL COMPANIES!!" thread.

 

[daveman]

Always with the big numbers.

Shock value (period)

Now show the profit margin, in percentages, then we'll talk.

I can't find anything for oil quickly, but here's a breakdown of gasoline:

Based upon a $3.00 gallon of gasoline, the average break-down is as follows.

Gasoline Retailer $.01 cents per gallon
Oil Company $.08 cents per gallon
Refining $.29 cents per gallon
Marketing/Distribution $.32 cents per gallon
Taxes $.59 cents per gallon
Cost of crude $1.71 per gallon (delivered)​

The government makes more on gasoline than the gas company does.

In CA, the Feds and the State each collect a minimum of $.18 per gallon. $.36 in taxes vs. $.09 in combined profits for the Oil Co and the Retailer. The governments collect 4X more than those who actually create the value.

It usually does. That's because government is not a value-added process.