Gas Prices
I'm using percentages because I want to make an important point. What is that point? I'll tell you. Please keep this point firmly in mind as I give you the percentages.
Point -> The higher the price of a gallon of gas, the more profit for all involved.
While that's obvious, sometimes we need to be reminded of the obvious. In this case it's a very important point because to me it stands to reason those who make the most profit would have the most interest in keeping prices high. Keep that in mind.
Here is the breakdown of who profits off a gallon of gas:
Country of origin of the oil -> 47%
That's pretty fair, no? It's their product. If we refuse to force them to sell it cheaper, how can you blame them?
Operational Costs and profit for American oil companies -> 18%
After costs, individual companies make 2% profit. 2.
Distribution and Marketing -> 12%
Marketing I don't feel for. But distribution also factors the 49 different environmentalist blends. Thanks environmentalists!
Now that leaves 23%. That 23% all goes to one source. One. 23%. What is that one source that gets three times the profit of the oil companies'?
Taxes.
If gas is $3.00 a gallon, the oil companies make 6 cents. If it's $4.00, 8 cents.
If gas is $3.00 a gallon, state and federal government make 69 cents. If it's $4.00, 92 cents is pure government profit.
So if gas is $3 a gallon and everyone is up in arms, as they should be, your government could make the price $2.31 overnight by temporarily suspending their own avarice. Remember that while politicians and newspapers sound off for the next few months.
Point -> The higher the price of a gallon of gas, the more profit for all involved.
While that's obvious, sometimes we need to be reminded of the obvious. In this case it's a very important point because to me it stands to reason those who make the most profit would have the most interest in keeping prices high. Keep that in mind.
Here is the breakdown of who profits off a gallon of gas:
Country of origin of the oil -> 47%
That's pretty fair, no? It's their product. If we refuse to force them to sell it cheaper, how can you blame them?
Operational Costs and profit for American oil companies -> 18%
After costs, individual companies make 2% profit. 2.
Distribution and Marketing -> 12%
Marketing I don't feel for. But distribution also factors the 49 different environmentalist blends. Thanks environmentalists!
Now that leaves 23%. That 23% all goes to one source. One. 23%. What is that one source that gets three times the profit of the oil companies'?
Taxes.
If gas is $3.00 a gallon, the oil companies make 6 cents. If it's $4.00, 8 cents.
If gas is $3.00 a gallon, state and federal government make 69 cents. If it's $4.00, 92 cents is pure government profit.
So if gas is $3 a gallon and everyone is up in arms, as they should be, your government could make the price $2.31 overnight by temporarily suspending their own avarice. Remember that while politicians and newspapers sound off for the next few months.