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Originally Posted by Skip N
The oil companies make 9 cents a gallon profit from one gallon of gas compared to about 60 cents a gallon the gov takes in taxes. Why dont folks get upset about this figure also?? Percentage wise the Gov is taking more of your money per gallon of gas! Not the oil companies. I read this and i was stunned. Most people prob think big oil is making $2 profit per gallon. But they are making 9 cents after all is said and done. Take it for what its worth, but i found it to be an interesting figure. Profit margins per gallon of gas: Oil companies 9 cents, goverment 60 cents.
I bet Coca Cola makes more profit percentage wise per bottle of coke than oil companies make per gallon of gas.
Just some food for thought.
And for the record, i'm pissed at paying $3 a gallon for gas too.
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Not necessarily true, this is more BIG oil propaganda.Its mathematically impossible for them to make the billions they do at .09 /gallon. They own some of the RETAIL (gas stations) just like Mc Donalds Corp own some of the franchises in house. This is where the bigt $ is (just like Wal mart). I dont have exact #s, buts thats the reality.
Also at .09 a gallon, how do you explain price differences of up to .50 cents/gal from one gas station to another and over $1 if you look at a larger geographic area? The oil companies would be the biggest idiots in the world to miss that one. They are schrewd,and crafty liars.
IMO every penny of the 8 bil should go to the envirenment & to help the 33,000 people whos jobs they permanently affected with the Valdez spill in '89. I will never forgive Exxon for that. People just now see that the 2 bil they claim to have spent on the cleanup is just a slap on the wrist to these guys. Its the cost of doing business to them, and they PASS IT ON TO YOU AND ME. So every time we "punish" them for a spill, they stick it right back to US.
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