Gasoline is selling down the street from me for $3.19 a gallon.
Therefore, for each barrel of oil, the oil company gets $133.98.
>From that, deduct the cost of a barrel of oil at $75.00 a barrel and
you get $58.98.
>From that, deduct Federal and State taxes (which in Arizona are 37.4
cents per gallon), which for a barrel is 42 X .374 = $15.71, and you
get $43.27.
>From that $43.27, the oil company has to refine, transport, pay its
overhead, pay its corporate tax (which is about 49%), pay for R&D,
and make a profit.
$ 3.19
X 42
_________
$133.98
- 75.00
_________
$ 58.98
- 15.71
_________
$ 43.27
To subscribe, send a message to:
[EMAIL PROTECTED]
Or go to:
http://groups.yahoo.com/group/FairfieldLife/
and click 'Join This Group!'
SPONSORED LINKS
Maharishi university of management | Maharishi mahesh yogi | Ramana maharshi |
YAHOO! GROUPS LINKS
- Visit your group "FairfieldLife" on the web.
- To unsubscribe from this group, send an email to:
[EMAIL PROTECTED]
- Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.