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Author	Topic: What Makes Up the Cost of a Gallon of Gasoline?	Post a Reply Back to Topics

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honda0105 Champion Author Tallahassee Posts:18,818 Points:1,636,245 Joined:Nov 2008	Message Posted: Mar 24, 2012 7:01:38 AM Ignore honda0105 Report Abuse awww another lovely albeit missing article.
KrsnaDragon Champion Author Montreal Posts:2,542 Points:558,025 Joined:Nov 2011	Message Posted: Mar 22, 2012 8:41:53 PM Ignore KrsnaDragon Report Abuse So very interesting! These are the type of articles I want to read.
Cheepo Champion Author Tampa Posts:9,989 Points:3,147,905 Joined:Apr 2003	Message Posted: Mar 22, 2012 12:16:57 PM Ignore Cheepo Report Abuse The government makes more profits on gasoline than the oil companies without lifting a finger!!!!!!!
puinsai808 Champion Author Honolulu Posts:3,697 Points:754,030 Joined:May 2011	Message Posted: Mar 22, 2012 11:43:54 AM Ignore puinsai808 Report Abuse No Article.
Edamon Champion Author Montreal Posts:1,115 Points:656,330 Joined:May 2010	Message Posted: Mar 22, 2012 10:54:49 AM Ignore Edamon Report Abuse in my area, taxes represents a litte more than 1.40$ per gallon
AnObserver Champion Author New Jersey Posts:8,489 Points:2,284,505 Joined:Sep 2005	Message Posted: Mar 22, 2012 10:13:03 AM Ignore AnObserver Report Abuse The article went AWOL
RockCity Champion Author Denver Posts:8,050 Points:1,454,585 Joined:Mar 2009	Message Posted: Mar 22, 2012 9:54:18 AM Ignore RockCity Report Abuse Not sure a habitual flip flopper is any better, run sara run, perhaps.
sydb7 Champion Author Atlanta Posts:3,656 Points:1,941,820 Joined:Mar 2003	Message Posted: Mar 22, 2012 9:54:05 AM Ignore sydb7 Report Abuse This article forgot the FUD (Fear, Uncertainty, and Doubt) component - used by speculators to raise prices!
curlypooh Champion Author New Jersey Posts:11,327 Points:2,032,520 Joined:Apr 2007	Message Posted: Mar 22, 2012 9:52:25 AM Ignore curlypooh Report Abuse Cool.....a blank news article, just like the ideas that come from this administration.....BLANK, NOTHING, NO ANSWERS BUT "CHANGE YOU CAN BELIEVE IN". How's that working for you ?????
radiorumor Champion Author Texas Posts:2,946 Points:780,565 Joined:Feb 2011	Message Posted: Mar 22, 2012 9:49:02 AM Ignore radiorumor Report Abuse According to Goldman Slacks, at least 50 cents is added to a gallon becaused of speculation, of which they are the main culprit, some say it’s more than 50 cents
danlanman Champion Author North Carolina Posts:3,462 Points:748,960 Joined:May 2011	Message Posted: Mar 22, 2012 9:44:34 AM Ignore danlanman Report Abuse ok
dlemma Champion Author Wyoming Posts:4,241 Points:1,581,745 Joined:Feb 2008	Message Posted: Mar 22, 2012 9:43:42 AM Ignore dlemma Report Abuse excuse me, but I saw nothing about how the prices would be affected if we were ALLOWED to drill on both coasts, the gulf, ANWR, government owned lands (which Obama likes to side step - drilling is down 11% on those lands, the only ones he directly controls), and building the Keystone XL. He doesn't get it - or rather he does. This is part of the global government agenda. He does not WANT us traveling. Here is the map developed by the UN telling US where we can live in the United States. The black dots are few and far between. This is real, folks - you can do any search you want and find this as a real item in Agenda 21. The Agenda 21 Death Map My skin crawls when I hear "sustainability." Agenda 21's Real Agenda Please become informed about this global effort - Obama is front and center trying to ramrod this global government upon us! Keep us SOVEREIGN! ALERT: Agenda 21 to Gel into Global Control, mid 2013
Wildman14 Champion Author Virginia Posts:3,715 Points:843,005 Joined:Jul 2008	Message Posted: Mar 22, 2012 9:43:02 AM Ignore Wildman14 Report Abuse Interesting but did not highlight the main driving force in the increased cost of a gallon of gasoline, which is speculation
12766 Champion Author New York Posts:2,579 Points:1,510,140 Joined:Oct 2008	Message Posted: Mar 22, 2012 9:42:24 AM Ignore 12766 Report Abuse Charts do not appear to be accurate for the percentage of taxes.
tomok Champion Author Portland Posts:33,578 Points:2,372,235 Joined:Aug 2006	Message Posted: Mar 22, 2012 9:40:40 AM Ignore tomok Report Abuse What is in a gallon of gasoline but Big oil is selling fuel and natural gas on the world market for higher prices, there will be NO price reduction for the cost of fuel or natural gas IN the US. Barry will support natural gas and oil production for sale on the world market to pay for his ‘spending gone wild’ addiction. The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! Speculators, manipulators and the banks continue to unfairly and unjustly make the driving public pay higher prices at the pump for their benefit. Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. Consider using other forms of less expensive transportation to lower your cost, if possible. The price of fuel at the pump is too high! 12/22/2012!
w4kh Champion Author Tennessee Posts:11,805 Points:2,255,715 Joined:May 2004	Message Posted: Mar 22, 2012 9:40:32 AM Ignore w4kh Report Abuse Very interesting article that shows what makes up the cost of a gallon of gasoline. Too bad so few readers understand percentages, which are crucial to grasping the data presented.
Buck_on_Bass Champion Author Tennessee Posts:7,704 Points:1,480,985 Joined:Jul 2007	Message Posted: Mar 22, 2012 9:39:31 AM Ignore Buck_on_Bass Report Abuse This should be on the front page of all news papers and the lead for all national news broadcast for the public to see. A great addition to the article would be the breakdown of the costs that make up the crude oil price (drilling, transportation, taxes, etc.) along with the taxes paid by the refiners and marketers. We may find that these taxes that are not 'paid at the pump' road taxes are much larger than many realize.
DutchTreatMI Champion Author Grand Rapids Posts:3,441 Points:778,190 Joined:Mar 2011	Message Posted: Mar 22, 2012 9:39:09 AM Ignore DutchTreatMI Report Abuse We are paying way to much.
exd121 Champion Author Ottawa Posts:1,908 Points:481,550 Joined:Sep 2010	Message Posted: Mar 22, 2012 9:38:43 AM Ignore exd121 Report Abuse Point 2 and 3 are pure speculation for profit and greed
FocusGuy Champion Author Seattle Posts:7,192 Points:1,439,480 Joined:Apr 2009	Message Posted: Mar 22, 2012 9:37:10 AM Ignore FocusGuy Report Abuse i jus luv my "XOM"
thirty8paces Champion Author Baltimore Posts:4,621 Points:1,128,680 Joined:Sep 2008	Message Posted: Mar 22, 2012 9:36:59 AM Ignore thirty8paces Report Abuse Taxes mostly.
timarcos Champion Author Corpus Christi Posts:5,841 Points:1,172,055 Joined:Jul 2009	Message Posted: Mar 22, 2012 9:36:29 AM Ignore timarcos Report Abuse Yea Yea right.
jwalkerh Champion Author Louisiana Posts:6,197 Points:1,377,430 Joined:Oct 2008	Message Posted: Mar 22, 2012 9:35:50 AM Ignore jwalkerh Report Abuse The cost crude oil is the largest factor effecting the price of gasoline and their isns't much we can do about that.
Edpap Champion Author Pennsylvania Posts:4,486 Points:530,650 Joined:Oct 2011	Message Posted: Mar 22, 2012 9:35:30 AM Ignore Edpap Report Abuse Drill4Petro "It still costs less than solar or wind." This is a very interesting comment because the sun and wind are free, unlike crude. Is the technology to build a windmill or solar panel so much more expensive than refineries, tankers, pipelines, truck drivers,etc... or are the Green Energy Suppliers more greedy than the Oil Barrons? Is it just another designed by govt ripoff? I'd like to see a comparison of those "Green" costs and profits to see who is raking in all of the cash.
wt0826 Champion Author Ontario Posts:3,862 Points:862,875 Joined:Jun 2009	Message Posted: Mar 22, 2012 9:35:09 AM Ignore wt0826 Report Abuse Taxes are a huge component of the price of gas.
craigrm Champion Author Connecticut Posts:1,800 Points:602,805 Joined:Mar 2008	Message Posted: Mar 22, 2012 9:34:53 AM Ignore craigrm Report Abuse Screw OPEC.
GLM4205 Champion Author Toledo Posts:4,182 Points:825,070 Joined:Dec 2010	Message Posted: Mar 22, 2012 9:34:52 AM Ignore GLM4205 Report Abuse I agree with vohnave.
abuck Champion Author Pittsburgh Posts:8,720 Points:1,555,750 Joined:Jul 2008	Message Posted: Mar 22, 2012 9:33:24 AM Ignore abuck Report Abuse A lot of things
YKK All-Star Author Atlanta Posts:879 Points:2,165,170 Joined:Sep 2005	Message Posted: Mar 22, 2012 9:33:23 AM Ignore YKK Report Abuse It seems that one way to bring down the cost of crude is to BUILD the Keystone pipeline NOW and all the way. Obummer wants to build parts at a time that are potically helpful when votes are needed.
kst8er Champion Author St. Louis Posts:2,930 Points:1,067,175 Joined:Feb 2006	Message Posted: Mar 22, 2012 9:32:32 AM Ignore kst8er Report Abuse the difference between cost & price are too far apart
TxJeans Champion Author Tampa Posts:3,768 Points:386,365 Joined:May 2004	Message Posted: Mar 22, 2012 9:32:24 AM Ignore TxJeans Report Abuse Fluff and superficial. It does not address the value of our dollar from the out of control printing presses, it gives an inaccurate picture of taxes and it does not address the ancillary pressures on each component - regulations, speculation, ethanol, and political influences of subsidies and control of drilling and environmental pressures.
SSchmidty Champion Author Illinois Posts:9,487 Points:1,803,480 Joined:Mar 2008	Message Posted: Mar 22, 2012 9:31:51 AM Ignore SSchmidty Report Abuse AND let's not forget that taxes collected for all sorts of "public service purposes" ... repairing the roads, bridges, etc, etc The road monster trucks are never paying for all the damage done by travels...
rtw777 Champion Author Florida Posts:9,531 Points:1,868,720 Joined:Jan 2008	Message Posted: Mar 22, 2012 9:31:19 AM Ignore rtw777 Report Abuse Cost is one thing, but the price is what people are willing to pay.
grandmacbc Champion Author Buffalo Posts:6,670 Points:1,451,275 Joined:Oct 2008	Message Posted: Mar 22, 2012 9:30:55 AM Ignore grandmacbc Report Abuse So the Saudi's said awhile back they could live with 75.00. What happened?
fxb1 Champion Author Louisiana Posts:2,533 Points:622,435 Joined:Mar 2011	Message Posted: Mar 22, 2012 9:30:31 AM Ignore fxb1 Report Abuse ok
outridin Champion Author Illinois Posts:15,850 Points:3,080,660 Joined:Jan 2004	Message Posted: Mar 22, 2012 9:30:21 AM Ignore outridin Report Abuse Ned- the gas tax has been around since Obama was born. the economy goes up and then goes down on a regular basis
niceguytx Champion Author Houston Posts:13,830 Points:2,740,215 Joined:Sep 2005	Message Posted: Mar 22, 2012 9:29:53 AM Ignore niceguytx Report Abuse So, has anything besides the price of Crude changed, or is it all crude.
bobcatfan Champion Author Kentucky Posts:1,703 Points:640,800 Joined:Apr 2011	Message Posted: Mar 22, 2012 9:28:54 AM Ignore bobcatfan Report Abuse It should be pointed out that the article doesn't address the 30 to 60 cents per gallon added by speculator trading.
bkplenge Champion Author Tallahassee Posts:1,634 Points:124,545 Joined:Sep 2005	Message Posted: Mar 22, 2012 9:28:24 AM Ignore bkplenge Report Abuse The main thing involved in the cost of gasoline is increasing all the time now, which is greed.
Tonester1 Champion Author New Jersey Posts:12,877 Points:2,343,445 Joined:Oct 2006	Message Posted: Mar 22, 2012 9:28:04 AM Ignore Tonester1 Report Abuse Profits
NedW Champion Author Indianapolis Posts:5,750 Points:1,167,995 Joined:Mar 2008	Message Posted: Mar 22, 2012 9:25:54 AM Ignore NedW Report Abuse anti0198 said, "Want to knock a quick 50 cents off the price of gas, and increase the incentive for more oil production? Stop taxing gas." Not only that, the economy would take off like rockets used to do before Obama.
throttle Champion Author Maryland Posts:11,982 Points:2,464,695 Joined:Jul 2004	Message Posted: Mar 22, 2012 9:25:50 AM Ignore throttle Report Abuse Interesting.
Drill4Petro Champion Author Illinois Posts:4,221 Points:1,041,910 Joined:May 2010	Message Posted: Mar 22, 2012 9:25:41 AM Ignore Drill4Petro Report Abuse It still costs less than solar or wind.
hauler43 Champion Author Oakland Posts:8,158 Points:2,597,750 Joined:Sep 2003	Message Posted: Mar 22, 2012 9:25:22 AM Ignore hauler43 Report Abuse Also depends where you live
GasholeMI Champion Author Lansing Posts:10,274 Points:1,745,015 Joined:Jul 2008	Message Posted: Mar 22, 2012 9:25:05 AM Ignore GasholeMI Report Abuse Interesting article. Where do all the other products of oil (waxes, plastic...)go?
us30ride Champion Author Fort Wayne Posts:3,464 Points:739,340 Joined:Apr 2011	Message Posted: Mar 22, 2012 9:24:50 AM Ignore us30ride Report Abuse The taxes will be going up somewhere to make up the difference of less driving and better gas milege.
rockymountman Champion Author Roanoke Posts:2,039 Points:417,660 Joined:Jul 2011	Message Posted: Mar 22, 2012 9:24:19 AM Ignore rockymountman Report Abuse ok
zeegs Rookie Author Tallahassee Posts:7 Points:489,290 Joined:Sep 2007	Message Posted: Mar 22, 2012 9:24:02 AM Ignore zeegs Report Abuse This is misleading. It says the share of the cost from taxes has gone down from 30% to 12%, but taxes haven't changed, only the total price. 30% of $1.38 is 41 cents. Anyone want to guess what percentage of the price 41 cents is if the price is $3.38? Yeah, it's 12%.
nemoFL Champion Author Florida Posts:8,936 Points:1,637,000 Joined:Oct 2008	Message Posted: Mar 22, 2012 9:23:49 AM Ignore nemoFL Report Abuse and what of it could be worse if the tax rate went up
Legend1500 All-Star Author Midland Odessa Posts:964 Points:583,175 Joined:Jun 2011	Message Posted: Mar 22, 2012 9:23:16 AM Ignore Legend1500 Report Abuse K