Quote:
Originally posted by Superman
It looks like, as a rule, ten percent of revenue is profit. And you all thought that profits were a small proportion of gasoline sales. So, when you pay $3 for a gallon of gas, $0.30 is oil company profit. What portion is taxes, again?
|
Here they're over $0.55 per gallon, or based on what I'm currently paying at the pump, over 25%. Nice try, though, Soup.
I'm not digging you though...I'd be in favor of $2.55 per gallon tax - I'd listen to just about any proposed measure to break the back of our oil dependency, and fast. I'm as guilty as the next guy, at an average of 24.5 mpg in my daily driver. It is shameful that our nation's average MPG has stagnated since 1981. It is insult to injury to see how laughable many of the current hybrid offerings are, with very poor payoff when analyzing incremental cost of the hybrid against pump savings per mile driven. I digress.
No animosity toward the oil companies either though, let them smoke 'em while they got 'em. Although I'm not sure most people know where their petro-dollars are going. My wife for example was more than a little shocked when I told her any gas she bought was funding Chavez & Co's little banana republic (she's outspoken anti-Chavez).
I think I had a point when I started writing this...