Who is Really Gouging Us?

Take a look at the chart below. This is a detailed listing of the costs and profit in one gallon of gasoline. This information comes from the Energy Information Administration:

Average Gas Price in Sacramento County, California 04/28/06
Price - $3.172 % of Avg Gas Price - 100.00%

Federal Excise Tax
$0.184

Oil Spill Response, Prevention, and Administration Fee
$0.025

Underground Storage Tank (UST) Fee
$0.014

State Excise Tax
$0.180

State Sales Tax (7.750%)
$0.246

County Tax (1.25%)
$0.040

Distribution and Marketing (4%)
$0.127

Refining (19%)
$0.603

Crude Costs (52.5%)
$1.665

Total in Local, State and Federal Taxes
Amount - $0.688 • Percent of Avg Gas Price - 21.70%

Total Business Costs
Amount - $2.395 • Percent of Avg Gas Price - 75.50%

Total Gas Costs and Taxes
Amount - $3.083 • Percent of Avg Gas Price - 97.20%

Total Gros Profit to Oil companies
Amount - $0.089 • Percent of Avg Gas Price - 2.80%