The Mudcat Café TM
Thread #97446 Message #1917610
Posted By: pdq
23-Dec-06 - 03:18 PM
Thread Name: BS: Creeping gas prices
Subject: RE: BS: Creeping gas prices
The last time I bought gas (=petrol, US $, US Gallons) it cost $2.32.
Here is a rough> breakdown of the price:
1) crude oil cost / one gallon / $60 per barrel $1.15
2) profit for "Big Oil" company .19
3) profit for "gas station" (=retail outlet)(usually 10-15ยข) .15
4) taxes, mostly Federal (US government) .55
5) all expenses incurred by "Big Oil" including refining .28
costs, transportation, etc. ________
$2.32>