Quote:
Originally Posted by Texas Beta
Please do a more thorough search next time. Refineries on average make about 10 cents for every gallon sold. Refineries are at maximum production to compensate for the war and random natural events such as Katrina which shut down pipelines and ports.
The government makes 20 to 25 cents on every gallon of gasoline. Why don't you instead lobby your representatives to lower the tax? Why try to hurt an industry which employs hundreds of thousands of people world wide, an industry that puts billions of dollars into the American economy.
This is a perfect example of people following the crowd and not thinking for themselves.
Edit* I like how current your source is!
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Let's try this source, then...
http://www.statesman.com/business/co...asprofits.html
"Gross profit margins on gasoline at the nation's refineries reached $31.22 per barrel last week, the second-widest recorded profit margin in U.S. history, according to data from the New York Mercantile Exchange. The margins are up 57 percent since April 1 and have more than quadrupled since early January."
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