WTF is up with gas prices?

[stevelkinevil]

you pay more in taxes then you do in oil company profits, ALOT more.

[roberth]

you pay more in taxes then you do in oil company profits, ALOT more.

True. The cost of 42 gallons (1 barrel) of Light Sweet Crude is $101.63, oil is down over a dollar a barrel this morning, if it gets back down to $93 a barrel then we'll see pricing around $3.20 a gallon again.

Colorado gets 22 cents per gallon of gas, FedGov gets 18 cents per gallon of gas for a total of 40 cents in taxes - http://www.coloradogasprices.com/USA_Tax_Map.aspx

http://www.bankrate.com/finance/auto/gas-money.aspx

http://online.wsj.com/news/articles/...63383982418536

Put this all together, and government makes far more from gas sales than all of the oil companies put together. Exxon, for example, made only seven cents per gallon of gasoline in 2011. That's a drop in the bucket compared to the nearly 50 cents per gallon that federal, state and local governments rake in on an average gallon of gas pumped in the U.S.

The government and the nature nazis use the media to proclaim that oil companies are screwing us over b/c the government doesn't want the average TVaholic citizen to know the truth about gasoline prices and who is actually screwing us.