9 Responses to “True Cost of Gas”

1. Jeff Nolan Says:
   May 17th, 2007 at 9:53 am

   Any legislation that requires organizations to disclose “stealth taxes” is a good idea. If the American people really knew how much of their hard-earned money was being taxed, perhaps they would demand more from their elected representatives.

2. John Shaffer Says:
   May 17th, 2007 at 10:30 am

   I think this idea would give us an idea of the real cost of gas.

3. Sabrina Says:
   May 17th, 2007 at 12:08 pm

   I agree that this is a good idea. People always think about the total cost of gas being so high, but many don’t realize a good portion of that is tax.

4. valerie Says:
   May 17th, 2007 at 5:40 pm

   That is a great idea. The fact is, it’s not the oil companies that are making obscene profits, it’s government through the taxes.

5. ballroom blitz Says:
   May 17th, 2007 at 7:11 pm

   Yeah and add in what the salary of the Ceo, and profits of the oil company.

6. Davido Says:
   May 17th, 2007 at 8:10 pm

   One adjustment Valerie:
   The fact is, it’s not JUST the oil companies that are making obscene profits, it’s government through the taxes.
   I don’t like the simple wording of this idea as it seems to insinuate that gas stations are hiding something. The real cost of high gas is buried in the taxes. States regulate gas through Weights and Measures or other boards (there is a little sticker on the pump), do you think they’re eager to disclose how much of the cost of a gallon is going to the government? Better yet, why not reveal the tax amount in EVERYTHING?
   When I get a sales receipt it says “6% Tax” or whatever, but it doesn’t say “3% Federal”, “2% State”, “.5% Local”, “.5% Municipal Bond Debt repayment”. I’d like to see that.

7. Ernest Kread Says:
   May 18th, 2007 at 12:55 pm

   According to the DoE in March 2007 the cost of gasoline production resulted from the following…

   52% crude oil
   24% refining
   15% to taxes
   9% for distribution and marketing

   How much profit there is at the pump remains unquantified. Gasoline distributors have zone pricing which is an arcane system of modulating prices based upon the number of competing stations, number of vehicles, average traffic flow, population density, and geographic characteristics. Such considerations can account for as much as a 50 cents difference in price between localities.

   In recent times, fluctuations have resulted from the steadily increased price of crude oil, reduced refinery capacity due to hurricanes and the increased cost of delivery and marketing as well as seasonal factors such as increased demand during the driving season.

8. ajacksonian Says:
   May 18th, 2007 at 9:40 pm

   Goes right along with the pure foods act!

   Americans should know what we are paying for and who gets what. A superb idea!

9. Mary Liz Says:
   September 8th, 2007 at 4:54 pm

   Capitol idea. I have a relative in CT. who manages the unloading of gasoline ships. He said the state gets a tax off the top when the ships are unloaded, a tax from the company who buys the gas, and the driver who pumps his gas at the local station. Plus the state is getting taxes from the employees and property taxes.
   In VA there is an income tax, property tax, sales tax, auto tax when you buy the car and every year thereafter, plus the annual fee for the license plate. Silly people voted in Gilmore for gov. a few years ago because his big campaign promise was NO MORE CAR TAX. Of course there is a car tax and all the citizens pay it. The tax was reduced gradually each year. When it got near the end, the last % was kept. I only pay a % of the Blue Book value of my car. The county is reimbursed by the state for the rest.

Discuss This Solution

Name (required)

E-Mail (will not be published) (required)

Website