Cost of gas is beginning to hurt

On Apr 24, 10:35 am, "Matt Barrow"
wrote:
"gatt" wrote in message

...



"Matt Barrow" wrote in message
...

It is the oil companies that are doing the stiffing.

Bull **** in spades.

Oil Companies have averaged 12-15 cents profit on each gallon;

Meanwhile, quarter after quarter they're making the highest profits in the
history of human civilization, while the national economy--not to mention
GA itself--slowly bleed out due to high costs of transportation.

There are several industries with higher profit margins; they just don't
have the volume or the breath of market. Exxon pumped something like 250
billion gallons last year.

BTW, while the oil companies make 12-15 cents, take a look at the government
take:

Federal rate of 18.4 cents/gallon and the states (Excise & Other) at 18
(Montana) to
64 cents (NY), 60.1 (Hawaii), California (60.0) per gallon.

The average tax on gas is 45.9 cent/gallon (Federal & State) as of last fall
(2005).

And don't give that BS about government using it for infrastructure; our
roads are deteriorating since half goes into the general funds and the
remainder goes largerly to politically connected pork projects.

So who is doing the bleeding?

Here's a dollar: buy a clue.
--
Matt Barrow
Performace Homes, LLC.
Colorado Springs, CO

Yep, if you want to rape people you don't join industry, you join
gov't.

-Robert