20% of the price of gas in Chicago is tax!

[w¡n9Nµ7 §£@¥€r 123]

Tired of seeing the price at the pump jump every time you need to buy gasoline? Well, the record-high price of gasoline in the Chicago area is linked to a record-high rate of taxation: nearly 20 percent of the Chicago price.

...

Illinois Sen. ####### Durbin complained to oil company bosses at a hearing on Capitol Hill about Chicago having the highest gasoline prices in the United States. Largely ignored was the role taxes are playing -- an astounding 10 levels of taxation.

...

The watchdog Civic Federation says that on a $4 gallon of gas, the total tax is 79.2 cents. That compares to 77 cents in Los Angeles and 65 cents in New York City.

http://cbs2chicago.com/politics/gas.prices...s.2.729939.html

[Pinocchio Liberal 268]

I thought Barry was fighting big oil? Fighting big corps? Ya know, ya know, ya know!

[GaryC 7]

Thats a lot more than the oil companies make per gallon. Exxon makes less than 10 cents per dollar.

Most of Exxon's first-quarter earnings were from oil and natural gas, not from selling gasoline.

And Exxon's profit margins are below-average compared with others that have triggered no outcry. Exxon's first-quarter profit margin was 9.4%, meaning it kept 9.4 cents of every $1 in revenue. Microsoft kept 27.3 cents of every $1 in revenue in its most recent quarter; General Electric, 11.4 cents and McDonald's, 12.3 cents. In fact, Exxon is below the 11-cent average of Standard & Poor's 500 companies, says analyst Howard Silverblatt.

http://www.usatoday.com/money/industries/e...04-27-xom_x.htm

[mawilson 2,133]

The watchdog Civic Federation says that on a $4 gallon of gas, the total tax is 79.2 cents.

That compares to 77 cents in Los Angeles and 65 cents in New York City.

I'll gladly pay more than 65 cents if they use the money to FIX THE DAMN ROADS!!!

[w¡n9Nµ7 §£@¥€r 123]

The watchdog Civic Federation says that on a $4 gallon of gas, the total tax is 79.2 cents.

That compares to 77 cents in Los Angeles and 65 cents in New York City.

I'll gladly pay more than 65 cents if they use the money to FIX THE DAMN ROADS!!!

And I'd gladly pay more if they add more trains and more stations to the RARV. And/or implement the light-rail they've been talking about for the greater new brunswick area...

Edited May 22, 2008 by VJ Troll

[Heracles 417]

we need to setup some sort of system to capture the air in Jesery. Then we would have enough biowaste, to convert to fuel, for the next million years.

[mawilson 2,133]

we need to setup some sort of system to capture the air in Jesery. Then we would have enough biowaste, to convert to fuel, for the next million years.

Now THAT was witty