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It also costs less to refine diesel. The vegetable increases royalties and because of it -- every other tax associated with fuel increases. Inflation also increases tax revenues. But always remember, If you make less than $400K, your taxes will not increase. And if you get the jab, you won't get covid. And Biden and the globalist democrats would never lie to you. My aching ass they wouldn't!Bring diesel down and everything else will lower.
Refined oil costs more than crude oil. They import the crude from another country, refine it, ship it out to other countries , and pay no taxes on the value of the oil or the value of the refining.
Diesel is the biggest driver of the economy because it directly affects food prices and other goods.Break it down into percentages and let look at their record level profits versus their paying out and let see the final balance number and adjust it tot the inflation compare to their other years over the company lifetime.
Now let also look at the price of diesel and why are we paying more than a dollar a gallon versus what we pay for regular petro?
We produce the most diesel and yet we are paying over four dollars a gallon on the stuff?
Bring diesel down and everything else will lower.
Trucking and rail shipping both run on diesel. It is cheaper to produce. Why does it cost more? Biden/democrat governor taxes on diesel.Diesel is the biggest driver of the economy because it directly affects food prices and other goods.
Shipping
I have no idea why diesel is so goddamn high but I suspect that it has something to do with the environmental whack jobs trying to control the economy. That's just my opinion. I have no facts backing it up.
that is decidedly false.They import the crude from another country, refine it, ship it out to other countries
Is there an additional tax on diesel above and beyond regular gasoline? I legitimately do not knowTrucking and rail shipping both run on diesel. It is cheaper to produce. Why does it cost more? Biden/democrat governor taxes on diesel.
This is why diesel costs moreBreak it down into percentages and let look at their record level profits versus their paying out and let see the final balance number and adjust it tot the inflation compare to their other years over the company lifetime.
Now let also look at the price of diesel and why are we paying more than a dollar a gallon versus what we pay for regular petro?
We produce the most diesel and yet we are paying over four dollars a gallon on the stuff?
Bring diesel down and everything else will lower.
www.businessinsider.com
The use of it by the likes of you and the left is an attempt to make it sound immoral. There are many reasons for 'record profits'. Unlike government greed, which is the very definition of greed.Record profits means exactly what it says. They are making more profit than they have ever made before,
That was done in W. Bush years. Right after a lot of people had bought diesel pickups, too.Diesel is the biggest driver of the economy because it directly affects food prices and other goods.
Shipping
I have no idea why diesel is so goddamn high but I suspect that it has something to do with the environmental whack jobs trying to control the economy. That's just my opinion. I have no facts backing it up.
grist.org
Once there's a tax, no matter how small, it never goes away and ONLY gets bigger.This is why diesel costs more
The Surprisingly Violent Story Of How The Trucking Industry Killed Fair Prices For Great Diesel Cars
A tale that goes back to President Reagan.
ExxonMobil ExxonMobil has been a participant in the FTZ program since late 1995. Currently, ExxonMobil has five refinery complexes approved by the Foreign-Trade Zones Board. ExxonMobil buys and refines crude oil from the U.S. and over twenty countries around the world. Refining the crude in a foreign trade zone allows ExxonMobil to reinvest the duty savings and promote its export program. For example, many times ExxonMobil buys foreign crude, refines it into jet fuel, moves it in-bond to another foreign trade zone (like an airport), and loads the jet fuel on an airplane bound for international destinations. In this instance, no formal entry has been made. Many departments at ExxonMobil, like purchasing, scheduling and legal, are aware of the program, its costs and its benefits. ExxonMobil was an early participant in the FTZ program and has enjoyed the success of the duty savings and duty planningthat is decidedly false.
They do not ship refined petroleum anywhere overseas. It doesn't work that way.
The station that I go to prints the tax breakdown, fed, state and local on all grades of fuel (a sticker on the pump) and the diesel taxes are always higher.Is there an additional tax on diesel above and beyond regular gasoline? I legitimately do not know
Taxes are paid when the product is sold in the US.Yes, they import the crude from Canada, refine it, export the products and pay taxes on their profits.
AFAIK, the only break is no import tariffs, as long as they export. No tax break on earnings.
If you have a link that says otherwise, please post it.
And NONE of that involves shipping REFINED fuels overseas.ExxonMobil ExxonMobil has been a participant in the FTZ program since late 1995. Currently, ExxonMobil has five refinery complexes approved by the Foreign-Trade Zones Board. ExxonMobil buys and refines crude oil from the U.S. and over twenty countries around the world. Refining the crude in a foreign trade zone allows ExxonMobil to reinvest the duty savings and promote its export program. For example, many times ExxonMobil buys foreign crude, refines it into jet fuel, moves it in-bond to another foreign trade zone (like an airport), and loads the jet fuel on an airplane bound for international destinations. In this instance, no formal entry has been made. Many departments at ExxonMobil, like purchasing, scheduling and legal, are aware of the program, its costs and its benefits. ExxonMobil was an early participant in the FTZ program and has enjoyed the success of the duty savings and duty planning
German-owned, left wing rag from DE. Your link blames it on Reagan forty years ago. They even go so far as blaming lack of infrastructure then. If BI can draw parallels to Reagan--why is it so difficult to use the same logic as it applies to Biden and the democrats considering how prices doubled when they started charging more royalties and increased the US tax burden by 33% with BBB and phony ass infrastructure bills that fund everything but infrastructure.This is why diesel costs more
The Surprisingly Violent Story Of How The Trucking Industry Killed Fair Prices For Great Diesel Cars
A tale that goes back to President Reagan.
By, YOU, the TAXPAYER--but Biden said your taxes would not increase? Something is rotten in the WH.Taxes are paid when the product is sold in the US.
Will someone please tell this tard gas stations only make a few cents per gallon? They make their money off everything else.
And he had a special message for gas companies.MSN
microsoftstart.msn.com
'My message is simple…Bring down the prices you're charging at the pump,' he said during a meeting of his White House Competition Council.
Why most gas stations don’t make money from selling gas
With gas prices climbing up, you may think station owners are getting greedy. But the economics behind the pump tell a different story.thehustle.co
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We export the majority of diesel we produce here and we should be keeping it here.Diesel is the biggest driver of the economy because it directly affects food prices and other goods.
Shipping
I have no idea why diesel is so goddamn high but I suspect that it has something to do with the environmental whack jobs trying to control the economy. That's just my opinion. I have no facts backing it up.
And NONE of that involves shipping REFINED fuels overseas.
Way to COMPLETELY miss the point.
Got anything that is less than a decade old?
