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Texas Proud · 05-03-2008, 03:20 AM

You forgot to put in the excise taxes they get for the extraction of the oil from the ground..

I remember a LONG time ago, when gas was in the 1.25 range or so.... someone from Exxon said that something like 53% of the cost of a gallon of gas was going to pay some kind of tax...

I think this was like I said earlier... from the extraction from the ground... to the taxes on the dividends paid to the shareholder...

05-03-2008, 03:20 AM	#6
Texas Proud Thinks s/he gets paid by the post Join Date: May 2005 Posts: 3,657	You forgot to put in the excise taxes they get for the extraction of the oil from the ground.. I remember a LONG time ago, when gas was in the 1.25 range or so.... someone from Exxon said that something like 53% of the cost of a gallon of gas was going to pay some kind of tax... I think this was like I said earlier... from the extraction from the ground... to the taxes on the dividends paid to the shareholder...