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Ethanol and WTF?
"Gene Kearns" wrote in message ... On Sat, 08 Apr 2006 11:44:17 GMT, Fred Dehl penned the following well considered thoughts to the readers of rec.boats: I'm not idiot enough to make statements like that without empirical proof.... 1. Go to the gas station. 2. Look at the sticker enumerating the taxes per gallon. 3. Go to finance.yahoo.com or download the pdf of the annual report of the oil company of your choice. 4. Use a calculator to determine profit per gallon. So, you make a loonie statement and I'm supposed to try to prove it to myself. Says a lot about your credibility, right? 5. Admit I was right as usual. And that says a lot more about your narcissism and the reason you post such tripe... you only have to say it to make it true... right? Fred Dehl: a legend in his own mind.... Besides, taxes aren't at issue. In NC, gasoline taxes pay for the roads. No, they pay for Jim Black's illegal slush funds. And the NC Speaker of the House has... uh, what, to do with this? Are you under the illusion that he somehow has a secret job with NCDOT? You are a very confused person! My problem is the windfall profits made by the petroleum companies during a time of skyrocketing gasoline costs. In NC, the gasoline tax is tied to the price of gasoline.... so the petro companies boost the prices to make obscene profits and the tax increases accordingly.... both the fault and direct result of petro-greed. Have you lobbied the legislature to change the law? Or are you a beneficiary of Jim Black's illegal slush funds? What ARE you talking about? -- Grady-White Gulfstream, out of Oak Island, NC. Homepage http://myworkshop.idleplay.net/ Rec.boats at Lee Yeaton's Bayguide http://www.thebayguide.com/rec.boats OK, Exxon Mobil (xom) operating margin is 16 percent and profit margin is 11 percent. Gas wholesale is 2.16 (may delivery) so operating margin is about 35 cents per gallon, if uniform across all products. didn't try to verify that . In Minnesota, 18.4 cents federal, and 22 cents state tax for a total of 40.4 cents per gallon. That's the calculation. no name calling. took about 10 minutes tops. In NC, state tax is more (17.5 +7% of wholesale) or about 30 cents. del |