5.56X45mm
Milforum Mac Daddy
The national average tax paid (Local, State and Federal combined) on a gallon of gas is about 46 cents.
The average profit made by the oil companies on a gallon of gas is about 28 cents.
So, let me get this straight.
The oil companies a) have to fight the bureaucratic red tape for oil leases, b) explore/determine the best place to drill, c) construct/setup the oil rigs on land or build multi million dollar off shore oil platforms, d) drill the oil, e) transport the oil via pipeline, tanker or truck, f) refine the oil at their multi billion dollar refineries, g) markets the products, h) transports the products, i) and pays the millions of employees that this single industry creates……And the oil companies profit only about 28 cents from a gallon of gas.
The Local, State and Federal governments profits about 46 cents (National average) from a gallon of gas and THE GOVERNMENT DOESN’T DO A DAMN THING!
And now these bureaucratic hacks want to impose windfall profit taxes on top of what these oil companies are already taxed.
How in the hell is taxing the oil companies more than what they are being taxed already going to bring down the price of gas at the pump?
The answer is it wont. Just the opposite will happen. The windfall profit tax will be past down to the consumer.
The average profit made by the oil companies on a gallon of gas is about 28 cents.
So, let me get this straight.
The oil companies a) have to fight the bureaucratic red tape for oil leases, b) explore/determine the best place to drill, c) construct/setup the oil rigs on land or build multi million dollar off shore oil platforms, d) drill the oil, e) transport the oil via pipeline, tanker or truck, f) refine the oil at their multi billion dollar refineries, g) markets the products, h) transports the products, i) and pays the millions of employees that this single industry creates……And the oil companies profit only about 28 cents from a gallon of gas.
The Local, State and Federal governments profits about 46 cents (National average) from a gallon of gas and THE GOVERNMENT DOESN’T DO A DAMN THING!
And now these bureaucratic hacks want to impose windfall profit taxes on top of what these oil companies are already taxed.
How in the hell is taxing the oil companies more than what they are being taxed already going to bring down the price of gas at the pump?
The answer is it wont. Just the opposite will happen. The windfall profit tax will be past down to the consumer.