Where do your gasoline dollars go? Who is benefiting from them? Here's a quick breakdown of who gets what.Â For more info on this use the link at the bottom of the article.
Oil traders: traders don't necessarily benefit from the high price of crude or gasoline; they profit from how much the price changes.
Service stations:Â take in between 7 and 10 cents for every gallon they sell, according to the U.S. Energy Information Administration. Most theirÂ profit comes from selling coffee, cigarettes, food and other amenities.
Taxes: The government takes about 40 cents right off the top,Â with 18 cents going to the feds. State taxes average about 22 cents a gallon.
Transportation: Eats up another 23 to 26 cents per gallon.
Refining: About 24 cents a gallon goes to companiesÂ that specialize in turning crude oil into gas.
Crude oil: This is the most expensive part of a gallon of gas. Of every gallon of gas $2.07 from every gallonÂ goes to producers of crude.
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