As with many things, the government is the entity making all the profit.
About 2 years ago the numbers were, per gallon of fuel, 8 cents profit to Exxon vs 46 cents to federal and state taxes.
I have no problem with the oil company, they at least make the investment and do the work. The government is like the mafia, taking their cut in exchange for protection.
This post was edited by Phil in Pa at 04:06:51 09/28/13.
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Today's Featured Article - New Life for an Old Allis - by Tyler Woods. My friend Jon, has an old '39 Allis Chalmers B. He thought it a marginal tractor that had long since served its time. She smoked terribly and never had much power but he couldn't afford another so he was limping along with what he had. Jon's Allis has a small front loader and though it doesn't carry much, it serves his needs. It was the hard starting and low power that made him think it was time to replace the old girl. Jon called me to help him discover why his tractor wouldn't start
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