Thursday, October 19, 2006

retail price of gasoline per gallon

Do you know what we paid for a gallon of gasoline?

In August 2006, the gasoline that we paid now is US$2.95 per gallon is inclusive these 4 elements such as the crude oils that we buy from the petroluem countries, refining the crude oil, distributing and also marketing and the taxes from the government.

In US$2.95, the US$1.62 is the original price that we buy from the crude oil's company. For every gallon of US$2.95, US$0.44 is paid for the refining and upgrading the gasoline that we're using now. All most 14% of the retail price is added for the distribution and the marketing of the gas. Finally, the government and other taxes are about 15% of the retail price.

So this is why we are paying US$2.95 for gasoline. Conclusion, the gas price has been increased drastically from year to year.

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