--- In FairfieldLife@yahoogroups.com, "shempmcgurk" <[EMAIL PROTECTED]>
wrote:
>
> --- In FairfieldLife@yahoogroups.com, "sparaig" <sparaig@> wrote:
> >
> > --- In FairfieldLife@yahoogroups.com, "shempmcgurk"
<shempmcgurk@>
> > wrote:
> > >
> > > --- In FairfieldLife@yahoogroups.com, "sparaig" <sparaig@>
wrote:
> > > >
> > > > --- In FairfieldLife@yahoogroups.com, MDixon6569@ wrote:
> > > > >
> > > > > 
> > > > > In a message dated 4/23/06 10:39:58 P.M. Central Daylight
> > Time, 
> > > > > jflanegi@ writes:
> > > > >
> > > > > >  JohnY
> > > > > > ps. pundits won't do it either...
> > > > > >
> > > > > Speaking of record  profits by the oil companies, I
> researched
> > > this
> > > > > recently and found out  that it now costs the oil companies
> > > about
> > > > > $1.50 to make, market and sell a  gallon of gas. Add the US
> tax
> > > to
> > > > > that and total equals ~$2.25, total. the  rest is pure ,er,
> > > gravy...
> > > > >
> > > > >
> > > > >
> > > > >
> > > > > I don't think they are making .75 cents per gallon. There
> are 
> > > > different
> > > > > formulas that different counties have to have per EPA and
> they
> > > are 
> > > > more expensive
> > > > > and then you have delivery and retailers cut and I think
> > states 
> > > > even have
> > > > > their own tax. I heard later today it's more like 11 cents
> a 
> > > > gallon to the oil
> > > > > companies.
> > > > >
> > > >
> > > > Again, define "net" profit.
> > > >
> > >
> > >
> > > See their income statement:
> > >
> > > http://tinyurl.com/gw3o7
> > >
> >
> > Their net income is $36 billion. I can't find any break down of
> how
> > much they make per barrel or gallon or whatever.
> >
>
> There are 42 U.S. gallons in a barrel of oil.
>
> So, at $75.00 a barrel, the oil company is paying $1.79 at the oil
> well for each gallon of oil....BEFORE any refinement costs,
> transportation costs, retail costs, etc are added on to the price.
>
> Oh, yes, and BEFORE any taxes are added to the price as well.  See:
> http://www.lmoga.com/taxrates.htm (andt there may be local taxes
> added as well).  In Arizona there is 36.4 cents taxes (excluding
any
> local taxes, if any) on a gallon of gas.
>
> Of course, the income statement probably includes income from other
> sources, such as investments.  But, hey, we aren't concerned about
> that; even the most jaded anti-oil-company person isn't complaining
> about how much the oil companies make on NON-oil sales.
>

However, we can't be sure what the break down is per gallon of gas
since the figures include all those other sources of revenue (and
expenses for that matter).





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