Do you want to know who makes the most, for doing the least, on a gallon of gas?
Every time the price of oil goes up significantly so does the gasoline prices at he pump. When people start to complain, the narrative always blames big oil or stations gouging the public.
This is to divert attention on who's really gouging, who is making the largest percent with no involvement in production or distribution.
The following map shows the rates without any additional fees that are tacked on (see California rates below).
It is the federal government, state and local tax authorities! Let’s continue taking California for example, since it is the most greedy of the bunch. Every liberal run state would love to emulate their example, to rake in the cash, and would if they thought they could get away with it.
KTLA (LA’s major TV Station) reported the added costs:
18 Federal Excise Tax
51 State Excise Tax
10 Sales Tax (estimated-varies by locality)
79 Tax Total
22 Low Carbon Gas Programs
15 Greenhouse Gas Programs
2 Underground Tank Storage
39 Fees Total
$1.18 Total taxes/fees
Governments (your federal, state, local representatives) are good at deceiving the public when it comes to real tax rates. The term fees is their way of hiding additional taxes, the only difference is the term.
Let’s compare this revenue to those that actually produce and distribute gasoline.
According to the Natural Resources Defense Council, Big Oil makes $1.12 for overhead, pumping the oil, and getting the oil to a refinery (which incurs the most expenses). Refiners make about 5 cents a gallon. The oil tankers and pipeline operators make a 1 cent a gallon. The gas stations (mini-marts) makes 4-7 cents per gallon, and would go broke if it was not for their major profit makes; food and drink sales.
In California case, state and local government makes $1.18 on a gallon of gas and the rest of the supply chain make a total of $1.22-$1.25. That makes government the big winner for not even adding any value to the product.
Fuel Sales Tax was sold to the public as a means to raise revenue to maintain roads and bridges. If you look at the amount of revenue collected and the conditions of the roads in some states, you have to wonder where the rest of the money went! If you knew you would really understand the scale of corruption in government and be fire-spitting mad. It is call theft, but some states have that covered; they just pass laws that make certain theft legal. California is a good example of that.
So when the media accusing big oil and gas stations gouging the public you know they again are lying to you and you need to look for one that doesn't.