The Goldendale Sentinel - Headlines & History since 1879

By Drew Johnson
Taxpayers Protection Alliance 

No one gets richer off gas than the government

Guest Commentary

 


With the average price of gas in America hovering around $3.50 per gallon for regular unleaded, it costs more than $50 to fill a typical car’s 15-gallon tank.

But why does gas cost so much?

You may blame high gas prices on rich oil company executives or greedy gas station owners. But the truth is, governments rake in a larger profit than anyone at the pump—and with gas taxes on the rise in many parts of the country, there’s no relief in sight.

The price of a gallon of gas is based on the combined cost of four different expenses: the price of crude oil, the cost of refining/manufacturing gas, distribution and marketing expenses, and the amount of taxes levied on gasoline.

Oil costs...



For access to this article please sign in or subscribe.


 

Reader Comments
(0)

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2018

Rendered 08/13/2018 05:28