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Started By
Message
break down a gallon of gas
Posted on 3/28/11 at 7:29 pm
Posted on 3/28/11 at 7:29 pm
So if a gallon is $3.35 per gallon, could someone breakdown that $3.35 for me in terms of taxes, actual cost of producing the product, overhead... etc.
Very curious to hear the boards thoughts. Thanks !
Very curious to hear the boards thoughts. Thanks !
This post was edited on 3/28/11 at 8:38 pm
3
Posted on 3/28/11 at 7:52 pm to Teauxler
Posted on 3/28/11 at 8:09 pm to Teauxler
It's 9/10 of a cent not a gallon and I don't know the answer to your question.
Posted on 3/28/11 at 8:41 pm to Phate
C8H18 with some traces of Sulphur, Nitrogen, and trace elements, depending on Octane.
Posted on 3/29/11 at 7:46 am to CamdenTiger
60-70% Crude Oil cost
~20% Refining and Retail
10-20% Taxes
~20% Refining and Retail
10-20% Taxes
Posted on 3/29/11 at 9:54 am to Teauxler
quote:
So if a gallon is $3.35 per gallon, could someone breakdown that $3.35 for me in terms of taxes, actual cost of producing the product, overhead... etc.
Taxes vary from state to state.
Posted on 3/29/11 at 10:11 am to LSUAlum2001
Not sure, but I would imagine you are still getting more bang for you buck than spending $1.50 for a gallon of water.
Posted on 3/29/11 at 11:59 am to guttata
I found this:
March and April 2011
Branded
Apr 25
Distribution Costs, Marketing Costs and Profits $0.15
Crude Oil Cost $2.73
Refinery Cost and Profits $0.41
State Underground
Storage Tank Fee $0.02
State and Local Sales Tax $0.12
State Excise Tax $0.35
Federal Excise Tax $0.18
Retail prices $3.97
March and April 2011
Branded
Apr 25
Distribution Costs, Marketing Costs and Profits $0.15
Crude Oil Cost $2.73
Refinery Cost and Profits $0.41
State Underground
Storage Tank Fee $0.02
State and Local Sales Tax $0.12
State Excise Tax $0.35
Federal Excise Tax $0.18
Retail prices $3.97
Posted on 3/29/11 at 8:31 pm to tigerhog
The margin most gas station retailers make on gas is very slim. They mostly sell it for convenience and to get customers in to buy some $8 batteries or a $3 honey bun.
Posted on 3/29/11 at 8:42 pm to ehidal1
Yeah, I've heard they will make 1 or 2 cents a gallon.
Posted on 3/29/11 at 9:06 pm to wegotdatwood
quote:
Yeah, I've heard they will make 1 or 2 cents a gallon.
I was talking to a owner today and he told me that he was taking a loss on gas. I called BS and he showed me some invoices and sure enough he was paying more for gas than he was selling it for
Posted on 3/30/11 at 2:57 pm to ehidal1
Bingo. I have multiple friends with gas stations... their money is made through the overpriced products they're selling in the store. The gas is what's getting them in there.
Posted on 3/31/11 at 9:17 am to CamdenTiger
quote:There are also several other hydrocarbons along with BTEX chemicals in gasoline. In fact, we should be wearing vapor respirators while handling gasoline according to msds on those chemicals
Message
Posted by CamdenTiger
C8H18 with some traces of Sulphur, Nitrogen, and trace elements, depending on Octane.
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