[Ansteorra] Re: gas prices too high...sorry had to share this

Ambience ambience at direcway.com
Fri Apr 21 10:02:02 PDT 2006


<snip>

At 08:18 AM 4/21/2006, you wrote:
>Date: Thu, 20 Apr 2006 22:23:03 -0500
>From: "David J. Hughes" <davidjhughes.tx at netzero.net>
>Subject: Re: [Ansteorra] gas prices too high...sorry had to share this
>
>Gasoline, $ 3.00 / gallon
>Federal taxes   0.40
>Station owner's cut, (pays the salaryof the workers, bills, property
>tax, etc.) 0.03
>ExxonMobil's cut  under franchise contract  0.01
>Delivery charge 0.03
>Processing  costs 0.25  (operating costs, maintanence, salary of
>operators, catalysts, etc.)
>Raw material cost (price of oil per barrel times @1.35 divided by 42
>gallons per barrel)
>for $71 per barrel    2.28
>total 3.00
>
>Price of oil is set by market demand.  $1.30 gasoline requires oil at $18
>At $1 per barrel, the cost would be $ 0.75
>
>
>That 1.35 number? Not all of a barrel can be made into gasoline, and
>some of it is used to fuel the refinery itself, to generate high
>pressure steam, electricity, make hydrogen,  etc.


I'm sorry this is off topic, but it really effects our disposable income, 
ie how much we can spend on our hobbies...

I have to respectfully disagree with some of the numbers above.  I did some 
searching on just that last night)
Below is a table I copied from the California state government page. (Sorry 
I didn't see a table like this for Texas) back in Nov of 2000 crude oil was 
selling around $36 a barrel, yesterday it was $72. By my reckoning that 
should have doubled the crude oil cost of the equation, adding about 74-80 
cents to the cost.  Making the price around $2.60 per gallon, I checked 
http://www.californiagasprices.com/ and prices are around   $3.30 per 
gallon. Either the dealers or refiners have increased their profit margin 
by quite a bit.  Oil companies did report record profits last year.  I 
guess they want to this year too.

Most of us will continue to fork it out at the pumps, gripe about it, and 
cut back on other things.  Do something Write your congressman, tell 
him/her how displeased you are, ask them what they are doing about it.

Nov 6, 2000 Nov 13, 2000 Nov 20, 2000 Nov 27, 2000 Dec 4, 2000 Dec 11, 2000 
Dec 18, 2000 Dec 26, 2000
Dealers Cost and Profit Margin (1) - $0.02 $0.10 $0.17 $0.15 $0.16 $0.26 
$0.26 $0.23
Crude Oil Cost $0.74 $0.78 $0.81 $0.80 $0.67 $0.59 $0.59 $0.50
Refinery Cost and Profit Margin (2) $0.57 $0.40 $0.28 $0.30 $0.40 $0.36 
$0.33 $0.44
State and Local Sales Tax $0.13 $0.13 $0.13 $0.13 $0.13 $0.13 $0.12 $0.12
State Excise Tax $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Federal Excise Tax $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Retail Prices $1.79 $1.78 $1.75 $1.74 $1.72 $1.69 $1.66 $1.65


table from http://www.energy.ca.gov/gasoline/margins/2000.html  (this page 
has lots of information and graphs)


sincerely,
Seraphina




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