Quote Originally Posted by Wakizashi
Well here's the Thing that bothers me, the government isn't hardly taxing Gasoline at all, like 2% Tax. Yet, the price of Gasoline keeps on going up, and the price of a barrel of crude oil still hasn't risen astronomically. And then This year, Exxon's annual profit report has a recorded 27 Billion Dollar increase in revenue. Something is very wrong with that picture.
Because I can be a nick picking prick - I thought the gasoline tax from all sources is currently averaging around 47 cents per gallon. At the current price I pay in Texas that is a tax base of roughly 20%.


Yep the Exxon increase in revenue is high - but the bottom line is what was the net revenue and/or net profit. That would be a more telling number if something is not quiet right.