[Ansteorra] OT:Gas Prices going up thanks to IKE

[Emma Haldan]

There's a big difference between the waste product of refining oil -- gas --
and the crude that brings in soooo much more profit in other ways. And then
you have to take corporate accounting into account -- if you own the
refinery and the distributor, how much money are you really losing buying
from yourself?

It's more arcane than Hollywood accounting.

Emma "always get the NET points" Haldan

On Fri, Sep 12, 2008 at 7:32 PM, David Backlin <edrei at smythkepe.org> wrote:

>
> ----- Original Message ----- From: "Bulgarelli Maria" <
> scarlettmb at sbcglobal.net>
> To: "Kingdom of Ansteorra - SCA, Inc." <ansteorra at lists.ansteorra.org>
> Sent: Friday, September 12, 2008 4:40 PM
> Subject: Re: [Ansteorra] OT:Gas Prices going up thanks to IKE
>
>
>  Actually Chiang is right.  The profit on gas is much lower than anyone
>> thinks it is.  You have to remember we are not the only ones paying taxes on
>> the gas.  The oil companies pay taxes to be allowed to refine the oil into
>> gas.  By the time they are done paying that their profit is almost gone.
>> Maria
>>
>>
> Can I roll to disbelieve? ;)
>
> I know the local stations make an average of 5 cents a gallon BEFORE
> deducting credit cards (which charge 1.5 up to 5 percent. And their prices
> are set by the local supplier.
>
> My 2 pfennigs worth.
>
> THL Edrei the Quiet
> (mka David Backlin)
> Merchant and Adventurer
> Shire of Smythkepe
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