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SICKENING-’Who is doing the gouging? FIND OUT HERE
Friday, April 29, 2011 18:30
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PATRIOT FREEDOM NEWSWIRE
'Who is doing the gouging?
Taxes, my friend, taxes
It’s time for our leaders to stop playing politics with the energy industry and to start working for solutions that will take the pressure off household budgets and enhance our energy security
Gasoline Taxes Vs. Exxon Profit, Per Gallon
CLICK TO ENLARGE
The map above from API shows gasoline taxes by state (combined local, state and federal), which range from a low of 26.4 cents per gallon in Alaska to a high of of 66.1 cents per gallon in California, averaging 48.1 cents per gallon across all states. How does that compare to oil company industry profits per gallon?
According to this post on Exxon Mobil’s Perspective Blog , “For every gallon of gasoline, diesel or finished products we manufactured and sold in the United States in the last three months of 2010, we earned a little more than 2 cents per gallon. That’s not a typo. Two cents.” And, to make it more sickening, DEISEL TAXES ARE EVEN HIGHER…
