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Sep 23 2014

Oil Companies: The Last People to Blame for High Gas Prices

If you don’t like paying so much for gasoline, don’t curse the energy companies who provide you with an opportunity to buy it. Exxon, for example, has a skimpy profit margin of 5.5¢ per gallon. In stark contrast, the federal government helps itself to 18.4¢ per gallon, despite the fact that it is the oil companies, not bureaucrats, who provide us with the gasoline.

But it gets worse. This map demonstrates how many cents per gallon states add on top of the federal tax. The greed is extraordinary:

state-gasoline-tax
Click the picture for full size.

In addition to charging 70.87¢ per gallon in tax, California bureauweenies also impose unnecessary fuel-blending regulations that further drive up the price.

Plus of course there are the endless roadblocks Obama places in front of anyone willing to create energy in a cost-effective manner. It is no coincidence that gasoline averaged $1.78 when Bush left office, but is now $3.43.

Yet the oil companies trudge forward, subsisting on thin profits as they provide the country with its lifeblood, even as the socialist parasites responsible for the high prices denounce them for their supposed greed.

On a tip from Dan.




26 Responses to “Oil Companies: The Last People to Blame for High Gas Prices”

  1. Rick says:

    Honest question. Don’t gas taxes pay for roads and bridges? Assuming that’s true how would we pay for roads and bridges otherwise?

  2. Rick says:

    Honest question. Don’t gas taxes pay for roads and bridges? Assuming that’s true how would we pay for roads and bridges otherwise?

  3. guest says:

    “create energy”
    Yep, somebody failed science class.

  4. guest says:

    “create energy”
    Yep, somebody failed science class.

  5. Rotohammer says:

    Remember about 10 years ago when Exxon had record profits? Senator Hillary Clinton and other dems were talking about a windfall profits tax. The libs and the press gawked at Exxon’s profit, always quoting the billions of dollars and never the percent. Exxon’s profit margin was only about 10%, but it still deserved to be punished.

  6. Rotohammer says:

    Remember about 10 years ago when Exxon had record profits? Senator Hillary Clinton and other dems were talking about a windfall profits tax. The libs and the press gawked at Exxon’s profit, always quoting the billions of dollars and never the percent. Exxon’s profit margin was only about 10%, but it still deserved to be punished.

  7. Softly Bob says:

    There’s no need for the taxes to be so high – that’s the point.
    Gas tax is not filtered out and exclusively used for certain purposes. As far as I am aware, all taxes are thrown into one big pot and used for what ever the bodies in charge deem fit. Your gas tax is also being used to fund Leftist social projects, provide welfare for illegal immigrants and line the pockets of unscrupulous politicians.

  8. Saxon Warrior says:

    There’s no need for the taxes to be so high – that’s the point.
    Gas tax is not filtered out and exclusively used for certain purposes. As far as I am aware, all taxes are thrown into one big pot and used for what ever the bodies in charge deem fit. Your gas tax is also being used to fund Leftist social projects, provide welfare for illegal immigrants and line the pockets of unscrupulous politicians.

  9. Softly Bob says:

    Good point – but artistic license is allowed for non-scientific expressions.
    In the same way that shellfish are not really fish to a scientist, they are to a chef.

  10. Saxon Warrior says:

    Good point – but artistic license is allowed for non-scientific expressions.
    In the same way that shellfish are not really fish to a scientist, they are to a chef.

  11. Henry says:

    Yes!! We’re number 1!!

  12. Henry says:

    Yes!! We’re number 1!!

  13. White_Polluter says:

    No, not really a good point. Maybe you can quibble over “create energy” or “create usable energy to humans” but the point is the same and not missed. Only a Jon Stewart devotee would make the distinction, Somebody got an “A” in being a useless jerk not able to debate points on the issues.

  14. White_Polluter says:

    No, not really a good point. Maybe you can quibble over “create energy” or “create usable energy to humans” but the point is the same and not missed. Only a Jon Stewart devotee would make the distinction, Somebody got an “A” in being a useless jerk not able to debate points on the issues.

  15. born in 76 says:

    All that State tax needed for ‘fixing the roads’ they claim. Yet here in Michigan we hear every year that’s there’s no money for the roads and they need to raise taxes.

  16. born in 76 says:

    All that State tax needed for ‘fixing the roads’ they claim. Yet here in Michigan we hear every year that’s there’s no money for the roads and they need to raise taxes.

  17. Softly Bob says:

    ‘Not relevant.
    You’re using semantics to dispute an otherwise justifiable argument. You’re also using distractions to try to destroy an argument that you can’t destroy by truthful means.
    I’m a scientist. I know what ‘energy’ really means:- but I’m also human and I don’t have the ‘energy’ or the inclination to continue debating with fools.

  18. Saxon Warrior says:

    ‘Not relevant.
    You’re using semantics to dispute an otherwise justifiable argument. You’re also using distractions to try to destroy an argument that you can’t destroy by truthful means.
    I’m a scientist. I know what ‘energy’ really means:- but I’m also human and I don’t have the ‘energy’ or the inclination to continue debating with fools.

  19. Jester says:

    Here in Montana it’s no different. Gives a whole new meaning to the left’s favorite phrase: “The Rich Keep Getting Richer While the Poor Keep Getting Poorer”.

  20. Jester says:

    Here in Montana it’s no different. Gives a whole new meaning to the left’s favorite phrase: “The Rich Keep Getting Richer While the Poor Keep Getting Poorer”.

  21. Mike says:

    Here in Alberta where we have the lowest price in canada
    I worked it out to 3. 99us per us gallon
    that is why Canadians love us gas stations

  22. Mike says:

    Here in Alberta where we have the lowest price in canada
    I worked it out to 3. 99us per us gallon
    that is why Canadians love us gas stations

  23. Daz World says:

    Yeah we know. Colorado suck cock.

  24. Daz World says:

    Yeah we know. Colorado suck cock.

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