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Started By
Message
exxon makes 5.5 cents of each gallon of gas, unka sam averages 50 cents
Posted on 9/9/14 at 8:36 am
Posted on 9/9/14 at 8:36 am
70 cents in california 
Why you pay so much for gas
hey, exxon is a greedy motherfricking cockersucker soulless corporate entity.
as for the 60 cents, hey those roads you drive on don't pay for themselves.
render unto caesar and STFU about gas prices
Why you pay so much for gas
hey, exxon is a greedy motherfricking cockersucker soulless corporate entity.
as for the 60 cents, hey those roads you drive on don't pay for themselves.
render unto caesar and STFU about gas prices
This post was edited on 9/9/14 at 8:38 am
20
Posted on 9/9/14 at 8:37 am to CAD703X
lol
Posted on 9/9/14 at 8:38 am to CAD703X
I'm sure they're both doing just fine.
Luckily the South taxes gas at a far lesser rate than the northern states.
Luckily the South taxes gas at a far lesser rate than the northern states.
Posted on 9/9/14 at 8:38 am to CAD703X
Add up gas tax, sales tax, phone bill fees, utility fees, etc, and we are all paying a retarded amount of our earnings to the government.
Posted on 9/9/14 at 8:38 am to CAD703X
saw this a few days ago on lifehacker, not surprised
Posted on 9/9/14 at 8:38 am to CAD703X
I feel like this an appropriate time to thank Obama for this.
Posted on 9/9/14 at 8:41 am to CAD703X
I've been preaching this for years - but nobody wants to hear the awful truth.
You pay - whatever it is - $3.50 or so - and you get a gallon of gasoline. Out of that, the cost of production does keep a bunch of people working, from the oil fields or rigs, to the refineries, to the pumps. But, ultimately, the oil companies make about 4 to 6 cents per gallon, profit - your gas station makes anywhere from a half a cent to a cent and a half.
Uncle Sam (well all taxes combined, but still) makes 7 to 9 times the profit of your oil company AND retailer, combined. In California (and other high tax places) it can be 10 to 12 times.
And they don't do anything, directly, to put gasoline into your tank.
You pay - whatever it is - $3.50 or so - and you get a gallon of gasoline. Out of that, the cost of production does keep a bunch of people working, from the oil fields or rigs, to the refineries, to the pumps. But, ultimately, the oil companies make about 4 to 6 cents per gallon, profit - your gas station makes anywhere from a half a cent to a cent and a half.
Uncle Sam (well all taxes combined, but still) makes 7 to 9 times the profit of your oil company AND retailer, combined. In California (and other high tax places) it can be 10 to 12 times.
And they don't do anything, directly, to put gasoline into your tank.
This post was edited on 9/9/14 at 8:44 am
Posted on 9/9/14 at 8:42 am to CAD703X
so that is wht S. Carolina's roads are so shitty.
Posted on 9/9/14 at 8:53 am to Ace Midnight
quote:
Out of that, the cost of production does keep a bunch of people working, from the oil fields or rigs, to the refineries, to the pumps.
I wish more ignorant people understood this concept. I see it first hand how much the LA and TX economies are booming due to oil and gas. These are good paying jobs too.
And that "profit" that the big bad oil companies make doesn't go to a bunch of old white men who stash it in their safe.
The average joe who works his arse off and invest his money most likely has some money invested with oil companies. And I can't tell you how many blue collar guys I know who are retiring from big oil companies with nice nest eggs thanks to these profits and how they have been reinvested.
This post was edited on 9/9/14 at 9:05 am
Posted on 9/9/14 at 8:55 am to CAD703X
for the most part, texas has much better roads yet charges the same tax rate as us
Posted on 9/9/14 at 8:55 am to CAD703X
this goes into my "why can't we criticize the federal government for being greedy, like we do with 'corporations'?" argument
Posted on 9/9/14 at 8:56 am to notiger1997
quote:
bunch of old white mean
freudian slip?
Posted on 9/9/14 at 8:58 am to CAD703X
Someone help me understand.
So the US gets paid from oil companies per barrel of oil. Then said oil is refined, and the US gets the majority off the gasoline sales again?
So the US gets paid from oil companies per barrel of oil. Then said oil is refined, and the US gets the majority off the gasoline sales again?
Posted on 9/9/14 at 9:00 am to CAD703X
Poor Exxon...they'll just have to settle for the highest corporate profit margin in history along with the rest of America.
Posted on 9/9/14 at 9:01 am to CAD703X
And folks are stupid enough to think we're only taxed at 35%.
Posted on 9/9/14 at 9:01 am to CAD703X
quote:
as for the 60 cents, hey those roads you drive on don't pay for themselves
Someone should tell Louisiana this.
Posted on 9/9/14 at 9:01 am to BigAppleTiger
quote:
Poor Exxon...they'll just have to settle for the highest corporate profit margin in history along with the rest of America.
from each according to his ability to each according to his needs right?
Posted on 9/9/14 at 9:02 am to BigAppleTiger
quote:
Poor Exxon...they'll just have to settle for the highest corporate profit margin in history along with the rest of America.
and yet, the entity that makes almost 10x as much than exxon, acts like it is going without
Posted on 9/9/14 at 9:05 am to SlowFlowPro
quote:
and yet, the entity that makes almost 10x as much than exxon,
WELL DESERVED
The government has EXTENSIVE involvement in helping to run the Exxon Corporation. Under their careful guidance the company turns a profit year after year. Its only right they're entitled to a bit of the profits.
Posted on 9/9/14 at 9:05 am to cas4t
Which stretch of road is Exxon replacing today?
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