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View Single Post  Topic: Gouging Confirmed... 
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PostPosted: Thu, 27 Jul 2006 13:54:12    Post Subject: Reply with quote

Asylum wrote:
Another group that is gouging us on gas...our very own US government

18 cents per gallon federal plus See how much your state charges in taxes.
http://www.gaspricewatch.com/usgastaxes.asp

Montana comes in at 28 cents per gallon.


That chart is way out of date Washington is now at $0.34/gal +18.4 for the feds =$52.4/gal
this one is somwhat more up to date
http://www.taxadmin.org/FTA/rate/motor_fl.html

but the gas tax actually goes to fixing and adding roads (in a somewhat inefficent manner) so I don't mind paying that increase
HOWEVER, all the gas and oil in washington comes from alaska and is refined here in existing refineries, so the oil + refining cost should only be 10% (allowing generously for inflation, and upgrades) above the $1.40/gal it was 2.5 years ago.
so when the chairman sez
"Chief Executive Jeroen van der Veer said in a statement the earnings were "underpinned by overall good operational performance and not simply high energy prices."

Still, the main reason for the increase was higher oil prices, with earnings at Shell's oil exploration and production arm leaping to $4.0 billion from $2.75 billion, despite an 8 percent drop in production to 3.25 million barrels a day."

I scream BS! sold less product at a higher price and made more money~and it's not "not simply high energy prices."???
Do these guys read and understand their own reports? do they think they are fooling ANYBODY?
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