View Single Post
Old 09-03-2008, 02:01 PM   #24 (permalink)
Duke990
On Reserve
 
Duke990's Avatar
 
Joined APC: Jul 2008
Position: CRJ-900 F/O
Posts: 16
Default

Quote:
Originally Posted by HercDriver130 View Post
first of all you dont get 42 gallons of gas from a barrel of oil... you get 42 gallons of crude oil.... that is then refined into numerous products.......

AND .... many people profit from a barrel of oil before you ever see it at as gasoline at the pump....
a-- some one had to find it
b-- some one had to pump it out of the ground
c-- it had to be transported...probably several times.. maybe half way around the world
d-- then it has to be refined ( into many products not just gasoline )
e-- then it has to be transported again... probably several times
f-- then YOU might get to pump it into your car....
AND remember at every point above somebody or division of some company provides that service and makes a profit.......

Second gas is down about 65 cents a gallon in my area.....

I suspect it will linger around the 100 dollar mark for awhile.... we will just have to what and see...
I'm glad there are other people who see this. "Tax big oil!" people say. Who do they think will end up paying those taxes in the long run? I think it's funny that a certain political party finds it incorrigible that oil companies make about $0.04 profit per gallon but it's ok for the government to tax $0.17 per gallon.
__________________
Save America - FairTax.org
Duke990 is offline   Reply With Quote