Thursday, April 27, 2006

Mulshine misses the real point

In his zest to explain high gas prices and take a backhanded stab (again) at SUV's, link Paul Mulshine leaves his conservative roots and goes wildly off the reservation and misses the obvious point on who are the real gougers in the current oil mess. His figures show the real culprit of high gas taxes. Of the $2.92 per gallon that you pay, The State and Federal government get $.46. So after the cost of goods sold, which is $.54 cents for refining, $1.70 for the crude, the oil company makes $.22 which doesn't cover the SGA costs of marketing etc..

So who is the gavone here, the oil companies or your hard working government.
Instead of subpoenaing oil company records, why don't our elected representatives forego gas taxes?

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