This is the NEW International Symbol for Gasoline!!
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05-30-2008, 12:31 PM
#9
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You think its the Oil companies making the prices go like this?
Their profit margin is only 3%. Thats ******* terrible for ANY company. In Texas, taxes alone make up somewhere around 18% of our fuel costs.
Bitch and moan all you want, we all do, just realize that its not the oil companies that keep raising prices.
Their profit margin is only 3%. Thats ******* terrible for ANY company. In Texas, taxes alone make up somewhere around 18% of our fuel costs.
Bitch and moan all you want, we all do, just realize that its not the oil companies that keep raising prices.
05-30-2008, 01:37 PM
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You think its the Oil companies making the prices go like this?
Their profit margin is only 3%. Thats ******* terrible for ANY company. In Texas, taxes alone make up somewhere around 18% of our fuel costs.
Bitch and moan all you want, we all do, just realize that its not the oil companies that keep raising prices.
Their profit margin is only 3%. Thats ******* terrible for ANY company. In Texas, taxes alone make up somewhere around 18% of our fuel costs.
Bitch and moan all you want, we all do, just realize that its not the oil companies that keep raising prices.
05-30-2008, 05:58 PM
#12
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I was actually going to state what Eddiep just did. The profit margins are between 8-10%. The oil companies make billions of dollars because the US uses 20 million barrels of oil each day. The price of the barrel is one of the primary factors in determining the cost at the pump. Federal taxes are another.
05-31-2008, 03:32 PM
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Well, prices keep going up, and we haven't slowed our consumption, so of course with the exact same profit margins they are going to continue to make money. If they didn't make money, why would they stay in business?
