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GasBuddy News Article

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Author Topic: What Makes Up the Cost of a Gallon of Gasoline? Back to Topics
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honda0105
Champion Author Tallahassee

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Message Posted: Mar 24, 2012 6:01:38 AM

awww another lovely albeit missing article.
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KrsnaDragon
Champion Author Montreal

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Message Posted: Mar 22, 2012 7:41:53 PM

So very interesting! These are the type of articles I want to read.
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Cheepo
Champion Author Tampa

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Message Posted: Mar 22, 2012 11:16:57 AM

The government makes more profits on gasoline than the oil companies without lifting a finger!!!!!!!
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puinsai808
Champion Author Honolulu

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Message Posted: Mar 22, 2012 10:43:54 AM

No Article.
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Edamon
Champion Author Montreal

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Message Posted: Mar 22, 2012 9:54:49 AM

in my area, taxes represents a litte more than 1.40$ per gallon
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AnObserver
Champion Author New Jersey

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Message Posted: Mar 22, 2012 9:13:03 AM

The article went AWOL
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RockCity
Champion Author Denver

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Message Posted: Mar 22, 2012 8:54:18 AM

Not sure a habitual flip flopper is any better, run sara run, perhaps.
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sydb7
Champion Author Atlanta

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Message Posted: Mar 22, 2012 8:54:05 AM

This article forgot the FUD (Fear, Uncertainty, and Doubt) component - used by speculators to raise prices!
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curlypooh
Champion Author New Jersey

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Message Posted: Mar 22, 2012 8:52:25 AM

Cool.....a blank news article, just like the ideas that come from this administration.....BLANK, NOTHING, NO ANSWERS BUT "CHANGE YOU CAN BELIEVE IN". How's that working for you ?????
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radiorumor
Champion Author Texas

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Message Posted: Mar 22, 2012 8:49:02 AM

According to Goldman Slacks, at least 50 cents is added to a gallon becaused of speculation, of which they are the main culprit, some say it’s more than 50 cents
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danlanman
Champion Author North Carolina

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Message Posted: Mar 22, 2012 8:44:34 AM

ok
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dlemma
Champion Author Wyoming

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Message Posted: Mar 22, 2012 8:43:42 AM

excuse me, but I saw nothing about how the prices would be affected if we were ALLOWED to drill on both coasts, the gulf, ANWR, government owned lands (which Obama likes to side step - drilling is down 11% on those lands, the only ones he directly controls), and building the Keystone XL.

He doesn't get it - or rather he does. This is part of the global government agenda. He does not WANT us traveling.

Here is the map developed by the UN telling US where we can live in the United States. The black dots are few and far between.

This is real, folks - you can do any search you want and find this as a real item in Agenda 21.

The Agenda 21 Death Map

My skin crawls when I hear "sustainability."

Agenda 21's Real Agenda

Please become informed about this global effort - Obama is front and center trying to ramrod this global government upon us! Keep us SOVEREIGN!

ALERT: Agenda 21 to Gel into Global Control, mid 2013
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Wildman14
Champion Author Virginia

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Message Posted: Mar 22, 2012 8:43:02 AM

Interesting but did not highlight the main driving force in the increased cost of a gallon of gasoline, which is speculation
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12766
Champion Author New York

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Message Posted: Mar 22, 2012 8:42:24 AM

Charts do not appear to be accurate for the percentage of taxes.
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tomok
Champion Author Portland

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Message Posted: Mar 22, 2012 8:40:40 AM

What is in a gallon of gasoline but Big oil is selling fuel and natural gas on the world market for higher prices, there will be NO price reduction for the cost of fuel or natural gas IN the US. Barry will support natural gas and oil production for sale on the world market to pay for his ‘spending gone wild’ addiction. The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! Speculators, manipulators and the banks continue to unfairly and unjustly make the driving public pay higher prices at the pump for their benefit.
Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. Consider using other forms of less expensive transportation to lower your cost, if possible.
The price of fuel at the pump is too high!
12/22/2012!
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w4kh
Champion Author Tennessee

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Message Posted: Mar 22, 2012 8:40:32 AM

Very interesting article that shows what makes up the cost of a gallon of gasoline. Too bad so few readers understand percentages, which are crucial to grasping the data presented.
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Buck_on_Bass
Champion Author Tennessee

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Message Posted: Mar 22, 2012 8:39:31 AM

This should be on the front page of all news papers and the lead for all national news broadcast for the public to see.

A great addition to the article would be the breakdown of the costs that make up the crude oil price (drilling, transportation, taxes, etc.) along with the taxes paid by the refiners and marketers. We may find that these taxes that are not 'paid at the pump' road taxes are much larger than many realize.
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DutchTreatMI
Champion Author Grand Rapids

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Message Posted: Mar 22, 2012 8:39:09 AM

We are paying way to much.
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exd121
Champion Author Ottawa

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Message Posted: Mar 22, 2012 8:38:43 AM

Point 2 and 3 are pure speculation for profit and greed
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FocusGuy
Champion Author Seattle

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Message Posted: Mar 22, 2012 8:37:10 AM

i jus luv my "XOM"
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thirty8paces
Champion Author Baltimore

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Message Posted: Mar 22, 2012 8:36:59 AM

Taxes mostly.
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timarcos
Champion Author Corpus Christi

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Message Posted: Mar 22, 2012 8:36:29 AM

Yea Yea right.
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jwalkerh
Champion Author Louisiana

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Message Posted: Mar 22, 2012 8:35:50 AM

The cost crude oil is the largest factor effecting the price of gasoline and their isns't much we can do about that.
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Edpap
Champion Author Pennsylvania

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Message Posted: Mar 22, 2012 8:35:30 AM

Drill4Petro
"It still costs less than solar or wind."

This is a very interesting comment because the sun and wind are free, unlike crude.
Is the technology to build a windmill or solar panel so much more expensive than refineries, tankers, pipelines, truck drivers,etc... or are the Green Energy Suppliers more greedy than the Oil Barrons? Is it just another designed by govt ripoff?

I'd like to see a comparison of those "Green" costs and profits to see who is raking in all of the cash.
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wt0826
Champion Author Ontario

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Message Posted: Mar 22, 2012 8:35:09 AM

Taxes are a huge component of the price of gas.
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craigrm
Champion Author Connecticut

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Message Posted: Mar 22, 2012 8:34:53 AM

Screw OPEC.
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GLM4205
Champion Author Toledo

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Message Posted: Mar 22, 2012 8:34:52 AM

I agree with vohnave.
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abuck
Champion Author Pittsburgh

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Message Posted: Mar 22, 2012 8:33:24 AM

A lot of things
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YKK
Champion Author Atlanta

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Message Posted: Mar 22, 2012 8:33:23 AM

It seems that one way to bring down the cost of crude is to BUILD the Keystone pipeline NOW and all the way. Obummer wants to build parts at a time that are potically helpful when votes are needed.
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kst8er
Champion Author St. Louis

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Message Posted: Mar 22, 2012 8:32:32 AM

the difference between cost & price are too far apart
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TxJeans
Champion Author Tampa

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Message Posted: Mar 22, 2012 8:32:24 AM

Fluff and superficial. It does not address the value of our dollar from the out of control printing presses, it gives an inaccurate picture of taxes and it does not address the ancillary pressures on each component - regulations, speculation, ethanol, and political influences of subsidies and control of drilling and environmental pressures.
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SSchmidty
Champion Author Illinois

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Message Posted: Mar 22, 2012 8:31:51 AM

AND let's not forget that taxes collected for all sorts of "public service purposes" ... repairing the roads, bridges, etc, etc

The road monster trucks are never paying for all the damage done by travels...
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rtw777
Champion Author Florida

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Message Posted: Mar 22, 2012 8:31:19 AM

Cost is one thing, but the price is what people are willing to pay.
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grandmacbc
Champion Author Buffalo

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Message Posted: Mar 22, 2012 8:30:55 AM

So the Saudi's said awhile back they could live with 75.00. What happened?
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fxb1
Champion Author Louisiana

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Message Posted: Mar 22, 2012 8:30:31 AM

ok
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outridin
Champion Author Illinois

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Message Posted: Mar 22, 2012 8:30:21 AM

Ned- the gas tax has been around since Obama was born. the economy goes up and then goes down on a regular basis
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niceguytx
Champion Author Houston

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Message Posted: Mar 22, 2012 8:29:53 AM

So, has anything besides the price of Crude changed, or is it all crude.
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bobcatfan
Champion Author Kentucky

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Message Posted: Mar 22, 2012 8:28:54 AM

It should be pointed out that the article doesn't address the 30 to 60 cents per gallon added by speculator trading.
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bkplenge
Champion Author Tallahassee

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Message Posted: Mar 22, 2012 8:28:24 AM

The main thing involved in the cost of gasoline is increasing all the time now, which is greed.
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Tonester1
Champion Author New Jersey

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Message Posted: Mar 22, 2012 8:28:04 AM

Profits
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NedW
Champion Author Indianapolis

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Message Posted: Mar 22, 2012 8:25:54 AM

anti0198 said, "Want to knock a quick 50 cents off the price of gas, and increase the incentive for more oil production? Stop taxing gas." Not only that, the economy would take off like rockets used to do before Obama.
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throttle
Champion Author Maryland

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Message Posted: Mar 22, 2012 8:25:50 AM

Interesting.
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Drill4Petro
Champion Author Illinois

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Message Posted: Mar 22, 2012 8:25:41 AM

It still costs less than solar or wind.
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hauler43
Champion Author Oakland

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Message Posted: Mar 22, 2012 8:25:22 AM

Also depends where you live
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GasholeMI
Champion Author Lansing

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Message Posted: Mar 22, 2012 8:25:05 AM

Interesting article. Where do all the other products of oil (waxes, plastic...)go?
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us30ride
Champion Author Fort Wayne

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Message Posted: Mar 22, 2012 8:24:50 AM

The taxes will be going up somewhere to make up the difference of less driving and better gas milege.
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rockymountman
Champion Author Roanoke

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Message Posted: Mar 22, 2012 8:24:19 AM

ok
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zeegs
Rookie Author Tallahassee

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Message Posted: Mar 22, 2012 8:24:02 AM

This is misleading. It says the share of the cost from taxes has gone down from 30% to 12%, but taxes haven't changed, only the total price. 30% of $1.38 is 41 cents. Anyone want to guess what percentage of the price 41 cents is if the price is $3.38? Yeah, it's 12%.
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nemoFL
Champion Author Florida

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Message Posted: Mar 22, 2012 8:23:49 AM

and what of it could be worse if the tax rate went up
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Legend1500
All-Star Author Midland Odessa

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Message Posted: Mar 22, 2012 8:23:16 AM

K
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