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Cox Crow

Asking the Stupid Questions Since 1971
 Tuesday, May 11, 2004

Price Includes All Taxes

So, gasoline prices are up. No big surprise there. What I'd like to know is, of the $2.09 I paid per gallon, how much of that is taxes?
Which Taxes?
Federal$0.184
State$0.3234
Local?

24% Taxes, 11% Distribution & Marketing, 19% Refining, 46% Crude Oil The Department of Energy fuel update includes links to a primer on gasoline prices and an analysis of how prices in the supply chain affect the retail price. More interesting, the real price of gasoline has gone down, from about $2.75 in 1919.

Finding information on New York State's multitude of taxes is a world of confusion. In comparison, Oregon requires gas stations to post certain price information, and so makes the rates visible. The Congressional Budget Office discusses policy options which may reduce gasoline consumption.

9:12:13 AM # Google It!