Replies to post #339612 on Zeev's Turnips Talk Politics (ZTTP)

[highline]

Not every lease has oil. Did ya know that on the amount of oil that "big oil" profited $2.64 Billion dollars that the gov. collected $1.4 Trillion in taxes?

The breakdown of gas/diesel at the pump:
Taxes: 11%/11%
Distribution/marketing: 6%/7%
Refining: 10%/21%
Crude Oil: 73%/61%

Here's the dirty little secret about our fuel costs being so high:

THE WEAK DOLLAR!!

IE- A little over 1 yr. ago- One U.S. Dollar would get you 3 Brazillian dollars- today it's one to one (or close).

Global demand for oil has increased and we are competing against currencies that have significantly gained strength- our has weakened making the situation that much more amplified.

U.S.refineries are over 1 yr. out on refining current oil on hand. Our pipeline infrastructure is also at capacity.

I'd suggest everyone do their DD before scapegoating and repeating what the press is feeding you.

[rbl100]

Wrong! The companies need P-E-R-M-I-T-S to drill. Liberals block them from getting any. You are very silly. Do you not know oil companies make only 6 - 8 cents a gallon profit, yet drill, remove, transport, refine, research, explore, invest, etc. and DO ALL the work to get you the gas in your tank? Congress and the government DO nada, and take about ten times that amount in taxes. You have no clue how corporations operate and how governments bilk them and the citizen taxpayer. Go get yourself educated! Without the oil companies, you would have to take your thumb out of your a$$ and use it to hitchhike…





{I am finally convinced Liberalism is a mental disorder}