Question:

Where is our money going when we buy gas?

by  |  earlier

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Looking for results that are relative to the U.S. Do not tell me about the taxes and the myth about all the money going to Bush's pocket (since the oil businesses in the U.S. are PRIVATELY owned).

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5 ANSWERS


  1. Goes back to the company which supplied it


  2. About 60% goes to those who have nothing to do in the process from getting it out of the ground and to the pump nossle .

  3. It goes to every branch on Bin Laden's family tree.

  4. For the first quarter of 2008, the average state gasoline tax was 28.6 cents per gallon, federal tax, 18.4 cents per gallon:

    http://www.api.org/statistics/fueltaxes/

    California Energy Commission has a detailed breakdown of gasoline prices over time:

    http://www.energy.ca.gov/gasoline/margin...

    These estimates suggest that over 70% of California retail price of gasoline is the cost of crude oil, which includes extraction and long-distance transportation to the refineries.

  5. I agree, def goes to Bin ladin ! ^^

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