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The Price Of Oil - Page 20

Have you ever looked at the city, county, state, and federal taxes that are included in the price you pay for gasoline? It amounts to 43%. Then you ad refining and marketing ( 17% ) and the cost of getting it out of the ground ( 37% ) and you leave the oil company with 3% of the total. That's right. The oil company gets to keep a great big three cents out of each dollar they generate in business.

I'm sorry to say I'm old enough to remember a day when there was no EPA to stop us from drilling and building refineries and government wasn't taking almost half the profit for doing absolutely nothing. Oh, and if you would like to do a little research, see how many Americans own stock in oil companies through mutual funds.

No, I don't own any oil wells, or oil stock. I'm a business man that knows out of every dollar turned in my business I get to keep a few pennies and the government has their grubby tax hand in that! Now, I'm tired of beating this dead (price of oil) horse. I'm going to go some place else and play.

Oil Price The

The Most Expensive Gas in America?

Yes, it may be the most expensive gas in America. But $5.20 doesn't begin to explain essence - the rich, off-beat, some might say, eccentric, essence of Gorda, Calif. [..] "You know, it's a little expensive," one passerby said. "We put $20 in and hope. Keep our fingers crossed and hope that we get to another gas station that is slightly more reasonable - maybe only $4 a gallon."
Ref. https://abcnews.go.com/Business/story?id=4532134&page=1

The Price Of Oil History & Civil Business Politics

I do not think I would be able to afford gas prices of more than $5 a gallon.

Page 20 Oil Price The

I guess it depends on how far you have to drive.

The economic landscape of the US is changing rapidly. If prices of everything keep going up in the same trend as now, it's unsustainable. Something has to give, lifestyles will change.

It cost $60 last time I filled my gas tank! That's outrageous.

I'm close enough to my office (1.5 miles) that I could bike it or walk it, same with my daughter's school (2 blocks). This is an option we've already considered, simply because it won't be long before we may *have to* choose an alternative.

Edited: FarSeer on 30th Mar, 2008 - 2:56pm

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Gas Prices Slip, but Could Hit $4

Retail gasoline prices pulled back slightly from record levels Tuesday and gave some consumers a small break, but a new government forecast said gas could reach as high as $4 a gallon during the summer driving season.
Ref. https://abcnews.go.com/Business/Economy/wireStory?id=4608302

The Price Of Oil

Well $4 a gallon I may be able to make that work. BUt I will have to cut back on food.

The Price Oil - Page 20

New Oil Record

The upward trend in energy prices showed no sign of abating Wednesday as gasoline set yet another record at the pump and crude oil topped $112 a barrel for the first time in the futures market.
Ref. https://abcnews.go.com/Business/Economy/wireStory?id=4615890

The Price Oil Politics Business Civil & History - Page 20

The united states seriously needs to get off its dependance on foreign oil. Most of us can not afford these high prices for long.