(no subject)
Apr. 26th, 2006 10:21 pmOkay, from CBS and WJZ news reports, and taking the max per $3.01 gallon of gas in Maryland:
Supposedly, 44% of the cost of gas is price of crude (back in 2003).
I have questions about that. Every news report you turn on tells folks that the gas/oil companies are making record profits. It smells of price gouging at higher-levels, or simply put, fraud.
We need an investigation, but by a independent counsel. I have no faith in the FTC nor the Bush administration.
- 10 cents to the station.
- 3 cents to the gas wholesaler in profit.
- 2 cents to get the gas to the station.
- 19.4 cents to the Feds for gas taxes.
- 23.5 cents to Maryland
- The rest goes to the oil companies.
Supposedly, 44% of the cost of gas is price of crude (back in 2003).
I have questions about that. Every news report you turn on tells folks that the gas/oil companies are making record profits. It smells of price gouging at higher-levels, or simply put, fraud.
We need an investigation, but by a independent counsel. I have no faith in the FTC nor the Bush administration.