Tuesday, July 3, 2012

Think gas prices are high?

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Based on January 2012 data, the average US tax on gasoline (federal plus state ) was $0.488 per gallon.

ExxonMobil (NYSE: XOM ) makes about $0.02 per gallon.

Chevron (NYSE: CVX ) makes about $0.02 per gallon.

Big Oil?  …or Big Government?

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You are not entitled to your opinion. You are entitled to your informed opinion. No one is entitled to be ignorant.

Harlan Ellison