Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: reaganator

The one “subsidy” that I know of is when Congress mandated blending of 10% ethanol in gasoline they subsidized it because of the additional cost.

While “record” profits sound HUGE and are, the margine is actually less than almost every other kind of business. Oil companies make profits on volumn, not high percentages of profit.


8 posted on 04/21/2012 7:40:05 AM PDT by El Laton Caliente (NRA Life Member & www.Gunsnet.net Moderator)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: El Laton Caliente

Oil companies make 2-4 cents profit per gallon of gasoline. The Feds take 18.5 cents...Who is gouging?


9 posted on 04/21/2012 7:46:32 AM PDT by csmusaret (I have kleptomania, but when it gets too bad I take something.)
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson