Thursday, March 13, 2008

Who Gets Rich Off Of $3.00/Gallon Gas?

Big oil gets less than half the cash the government gets out of oil? Who would have guessed?

Who Gets Rich Off Of $3.00/Gallon Gas? - Say Anything: "The knee jerk reaction from most Americans would probably be “big oil!” But CNN has an interesting article dissecting where the money you pay for gasoline goes for, and the reality is that big government, and not big oil, is the one getting rich.

The government takes about 40 cents right off the top, with about 18 cents going to the feds. State taxes vary widely, but the national average is about 22 cents a gallon. . . ."

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