How much does each State tax a gallon of gas?

[longtermmemmory]

FL is wrong because the various 67 counties each have their own COUNTY gas taxes. These range from 1 cent to 12 cents ON TOP OF STATE AND FEDERAL TAXES.

[MNJohnnie]

BTW, Oil Companies don’t produce “oil at cost in International Waters”. All those off shore Oil rigs are in some nation’s water. The oil companies buy the lease from the Govt to produce the oil.

[Vaduz]

Democrat Party leadership / tax and over spend snafu.

[El Laton Caliente]

In a way you are both right...

Generally there are three markups in fuels; refinery, wholesaler and retailer. Also, the profit is not a complete markup as it has to include costs also such as power bills, trucking and distribution, maintenance, employee payroll, etc.

Gross mark up vs. Net profit

.gov is the only entity that gets money for free... ;0)

[<1/1,000,000th%]

The list is out of date.

Illinois sales taxes are now 7%.

[Non-Sequitur]

As usual, I provided you with a source while you just arrogantly, and ignorantly, make a reply with nothing at all to back it up but your own emotion based opinion.

Where is this source you spoke of? All I see is your claim of 10 cents a gallon. No source quoted. No link to anything. Just your statement. Or are you yourself the source you're referring to?

Now, if you want to know what I based my estimates on, here and here.

[<1/1,000,000th%]

Why do you think their profits are at record levels?

Its because their sales and profits go up every year.

They have record profits every year.

Banks still make twice as much in profit margin as oil companies but nobody cares.

[longtermmemmory]

Good point.

So the oil company pays MONEY TO THE GOVERNMENT

So the refineries pay impact fees TO THE GOVENMENT

So we pay oil taxes for gasoline and heat oil TO THE GOVERNMENT

We have met Big Oil and Big Oil is Congress.

[maine-iac7]

Every source I have found says $.10 or so, nothing says 10%

Either way, a very big gap between that and the state taxes = and even at the highest of those, Calif. at 60cents - explain to me who gets all the rest of the money?

If the state get 60 cents from $3.60 a gallon = $3.00 and the oil company gets, say the higher 10% at .36 cents, where does the other $2.64 go? How much is fed. tax? etc?

What is the total breakdown? I think the American people would like to see that. Are the taxes indeed far more that what the oil companies make?

Seems like there could be a substantial cut in ppg - and the blame may not be on the evil oil companies so much as evil machinations in Washington?

[Graycliff]

Something missing on all this is severance tax. We have 39 oil producing states and each of those states charge a severance tax on all crude coming from they’re states. Texas has a 4.6% severance tax, or 5.29 per 42 gallon barrel.

[MNJohnnie]

I cannot decide whether I should be appalled at your almost complete ignorance of the topic or amused at the sublime arrogant self regard you mistakenly hold for the supposed infallibility of your emotion based dogmas

[Non-Sequitur]

I cannot decide whether I should be appalled at your almost complete ignorance of the topic or amused at the sublime arrogant self regard you mistakenly hold for the supposed infallibility of your emotion based dogmas

Which ever floats your boat.

Now, that source of your's was where again?

[Blood of Tyrants]

You cannot lease an area you do not own. Twelve miles is the internationally recognized territorial limit for countries.

[puppypusher]

Hell! And I thought Connecticuts gas taxes sucked.New York has us beat by a country mile.

Though its still not something i’m happy about.