Fuel Vs Gasoline Cost Breakdown

[SLESierra]

 

Cost

Gasoline

vs

Diesel

 

Price breakdown for gasoline

 

 

 

Price breakdown for diesel

 

How much they get from a barrel

 

 

How they refine it

 

 

Fuel Regions of the US

 

[Mikeee]

Over the last three years, Exxon Mobil has paid an average of $27 billion annually in taxes. That's $27,000,000,000 per year, a number so large it's hard to comprehend. Here's one way to put Exxon's taxes into perspective.

 

According to IRS data for 2004, the most recent year available:

 

Total number of tax returns: 130 million

 

Number of Tax Returns for the Bottom 50%: 65 million

 

Adjusted Gross Income for the Bottom 50%: $922 billion

 

Total Income Tax Paid by the Bottom 50%: $27.4 billion

 

Conclusion: In other words, just one corporation (Exxon Mobil) pays as much in taxes ($27 billion) annually as the entire bottom 50% of individual taxpayers paid in 2004 (most recent year available), which is 65,000,000 people! Further, the tax rate for the bottom 50% was only 3% of adjusted gross income ($27.4 billion / $922 billion) in 2004, and the tax rate for Exxon was 41% in 2006 ($67.4 billion in taxable income, $27.9 billion in taxes). 2006 paid $28 billion in taxes. 2007 paid $30 billion . 41% in taxes.

http://mjperry.blogspot.com/2008/02/puttin...erspective.html

[pm26]

[jbannick18]

Over the last three years, Exxon Mobil has paid an average of $27 billion annually in taxes. That's $27,000,000,000 per year, a number so large it's hard to comprehend. Here's one way to put Exxon's taxes into perspective.

 

According to IRS data for 2004, the most recent year available:

 

Total number of tax returns: 130 million

 

Number of Tax Returns for the Bottom 50%: 65 million

 

Adjusted Gross Income for the Bottom 50%: $922 billion

 

Total Income Tax Paid by the Bottom 50%: $27.4 billion

 

Conclusion: In other words, just one corporation (Exxon Mobil) pays as much in taxes ($27 billion) annually as the entire bottom 50% of individual taxpayers paid in 2004 (most recent year available), which is 65,000,000 people! Further, the tax rate for the bottom 50% was only 3% of adjusted gross income ($27.4 billion / $922 billion) in 2004, and the tax rate for Exxon was 41% in 2006 ($67.4 billion in taxable income, $27.9 billion in taxes). 2006 paid $28 billion in taxes. 2007 paid $30 billion . 41% in taxes.

http://mjperry.blogspot.com/2008/02/puttin...erspective.html

 

 

and still profited 40 billion.. yay for exxon...

[marine_devildog801]

 

I don't see how the gov't can sit by and let these oil companies do us like that. they charge $3.19 a gallon, some places higher, and blame it on an oil refinery fire and fill us with BS on how they have to RAISE prices a whole dollar to make up for a few hundred gallons, or however much the bas&&rds lost. If they cut gas down to AT LEAST 2 dollars a gallon thy would still profit more than enough. And lets get this straight...Profit: literally means POCKET MONEY so some old bastar& can go buy him and his CEO 28 Lamborghinis. Its all total BS and someone needs to end this s&&y once and for all.

[pm26]

It makes me feel so good that I heard Bush say yesterday that there is no recession. All is going great folks, we are all just imagining all those prices going up.

 

And BTW, crude oil prices hit the record of $ 103+ per barrel this morning. Another reason to raise gas prices overnight.

[doverarjim]

I have tried to avoid making this post but now I just can't stop it. I have said since the first gas shortage in the early 70's and will say it until the day I am fossel fuel, the Big 3 Auto mfgs. in America and the Gasoline refiners are in this together. The auto mfgs. want to keep making and selling cars the refiners want to keep selling gas and they both want to make money and I don't think that is any thing is wrong with that. My problem is that as we have advanced from lets say the early 50's today, cars back then were big heavy boats that got bad mileage at best, and gas was cheap everyone made money. As cars got built better and more efficent the price of gas when up? Some of remember Leaded gas right lead was an additive to gasoline when unleaded gas came out it was priced higher? That made me start thinking about this, the Big 3 can build cars that get maybe 40 mpg with out any problems and trucks that get 20 to 25 mpg but there problem is that cannot get them from where they are now to that mileage. In other words they can't make a car that this year gets 25 mpg and next year gets 30 mpg and the next gets 35 mpg. So they are stuck just think about how many people who owe on a car and if they new the new model got double the mileage would they keep paying for that car to the Big 3 No. There finance companys would go belly up faster that the housing market has.

Now to there refinery buddy, they want to keep making lots of money, great to do that they just need to get the price high enough that when the demand for gas falls they still make money.

 

Sorry that is so long and wordy but I just had to say it.

[bbwb]

CORPORATIONS DO NOT PAY TAXES!!!!!!

All taxes and fees that are imposed on a corporation are passed on to the consumer through adjustments to prices. In fact, all costs to a company form the basis for pricing of a product.

 

bbwb