There are 42 U.S. gallons in a barrel of oil

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

-   75.00

  $ 58.98
-   15.71
  $ 43.27

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Maharishi university of management Maharishi mahesh yogi Ramana maharshi


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