Why Are We Being Raped At The Gasoline Pump?

Answer 1

Try Some Research....

A US Gasoline Of Gasiline Currently Only $0.36 Per Gallon

And The Rest Of The Gallon Price Is Profit, Fees And Taxes, Why Are You Afraid To Do Anything About It?

Production costs $0.36

----------
Producer profit $0.98
Refining costs $0.43
Refining profit $0.13
Transportation costs $0.15
Transportation profit $0.12
Marketing costs $0.07
Marketing profit $0.07
Retailer costs $0.11
Retailer profit $0.11
US Tax $0.22
State tax (avg. $0.25) $0.09 to $0.42
Local tax $0.00 to 0.23

=TOTAL $3.04 /GAL*

*Pricing may very according to daily barrel price and/or
geographical location.

BIG OIL Profits $1.00 On Every Gallon.


Exxon 3rd Quarter Earnings: $102,300,000,000.00

Revenue rose to a record for gross sales of $102.3 billion from $99.59 billion in the third quarter of 2006. The previous mark -- also owned by Exxon Mobil -- was $100.7 billion in the third quarter of 2005, according to Howard Silverblatt, senior index analyst at Standard & Poor's.

Exxon Mobil Strikes It Rich Again

http://www.cbsnews.com/stories/2006/10/2...

Chevron:
ARCO:
Texaco:
BP Amoco:
Standard:
Coastal:
Marathon:
Phillips:
Conoco Phillips Co:
Royal Dutch/Shell:
Continued:.....

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http://www.msnbc.msn.com/id/9854784

Oil profits fuel consumer outrage
Exxon Mobil earned nearly $10 billion in third quarter
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http://www.cbsnews.com/stories/2005/11/0...

Senators Blast Oil Execs For High 3rd Quarter Profits
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http://www.commondreams.org/views05/1029...
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Oil Stocks Are Still #1. It's About Making The Rich Richer On Your Slave Labors.

Answer 2

That's never happened to me at the gasoline pump. Maybe you should stop going there or take some pepper spray with you.

Answer 3

I think they want us to come out of the pocket and pay for their rent, light, gas and so forth. Its a shame how we not only have to deal with the gasoline high prices but also the cta prices are going up. What to do what to do?

Answer 4

because we have a oil man in our presidential office and he intends to make millions more and to see that his partners, friends etc also get filthy rich, have you not noticed how the oil stock has sky rocketed? oil profits hav e gone thru the roof, also why are we not taking oil from the Alaskan pie line ??? it all go's to Israel and gas prices there was 57 cents when I was there, and across the border in Jordan it was $5 so thank our good buddy George ,

Answer 5

because we are now paying 94$ a barrel for oil wich is an all time high and as long as we use cars and what not oil companies have got us by the collars. and believe it or not americans still pay the least amount of money for gas!

Answer 6

Its simple really, MONEY!!! thats why, these companies want more money for the same product. Dont you see in the news that oil companies dont try and find ways to lower there prices. Greed is the root to evil and will imprison us all.

Answer 7

We are actually considerably lucky compared to most other countries like Britain who pays around $5 a gallon.

Answer 8

It's called Supply and Demand. The supply has gone down in the US and the demand has gone up worldwide. Better get used to it.

Answer 9

Because we keep letting the oil barrons and car manufacturers dictate what they say we should be driving instead of pressuring them to come up with AFFORDABLE AND REALISTIC alternatives.

Answer 10

Maybe you should drive less? Theres nothing we can do really to lower the price... unless we nuke every city in China, India, and Europe... then ill think the prices will go down