Gasoline Tax Per State

A gasoline tax map that explains a lot.

It Explains Government is worst than Pirates on the open sea. 

When a business that provides employment for members of our community 

(any small, medium or large business) and takes all the capital risk 

from their own coffer not the employee or taxpayer and then provides  

100% of the labour needed using their own tools and equipment but 

the Government earns 9 times more per gallon for doing nothing.

Then taxes the business on their earning's even if they have already profited x 9.

I understand now why D.C. has been so resistant to allow super fuel efficient vehicles into the US they would lose $0.50 per gallon pumped in the US. adding up to Billions they could carelessly spend elsewhere on those who contribute to their campaigns making sure they get re-elected which seems to be their only care today except for the balance in their Bank of Switzerland Account for a buck they don't mind depriving us at home of Better Vehicles with the ability to save fuel costs and add to our standard of living one time by allowing 80 to 150 miles per gallon instead of 20 to 30. 

The last two years the US stated they don't meet US federal guidelines but no other country has that type of problem while helping their Citizen Constituents but I can't recall the last time the Government did anything in our favor. 

Their excuses have been debunked without a leg to stand on so we will see what happens.

Our own Government seem to be working against our interest and working for our adversary instead destroying the very sound virtuous, righteous, honest foundations America was built and became great on by striving of all that was good, noble and wholesome in America.

The Toyota above gets 78/74 Hwy/City per gallon and the video below has the new Volkswagen that can get 300 mpg. WOW our Brothers in Germany 

know how to build an Automobile.

In last week’s post about ExxonMobil’s 2013 earnings, I noted that we earned about 5.5 cents for every gallon of gasoline and other petroleum products we refined, shipped, and sold in the United States.

Consider this: The federal and state and local governments collected 40 to 60 cents per gallon in taxes.

Governments are worse than Pirates on the open sea. Politicians always blame big oil profits but the government clears (9x) as much on gasoline sales as the largest oil company with no investment, labour or risk to the Government but they still earn $0.50 for every gallon sold. This is why they will not allow 100 miles per gallon carburetors.   

How much gasoline does the United States consume?

In 2013, about 134.51 billion gallons (or 3.20 billion barrels) of gasoline were consumed in the United States, a daily average of about 368.51 million gallons (or 8.77 million barrels). This was about 6% less than the record high of about 142.35 billion gallons (or 3.39 billion barrels) consumed in 2007.

There are 42 U.S. gallons in a barrel.

5.5 cents – That’s how much ExxonMobil earned in 2013 (a good year for them) for every gallon of gasoline and other products Exon refined, shipped, and sold in the United States. Compare that to an average tax per State of 49.72 cents per gallon collected by the federal, state, and local governments in gasoline taxes for doing nothing with no risk of capital in a good year or a bad year for Exon it doesn't matter as far as Government Profits from gasoline sales to you and me they still get paid their same 49.72 cents per gallon sold in the US as a tribute like a Mafia.

The American Petroleum Institute just updated their map showing the combined local, state and federal tax rate in each state as of Jan. 1, when new taxes took effect.

The federal gasoline tax is the same from coast-to-coast –18.4 cents a gallon – which means any variations have been implemented by state and local governments.

The highest gasoline tax in the country is in California, where it now 
exceeds 70 cents a gallon. 

Combined with California-specific fuel-blending regulations that drive up refining costs, these taxes help make Golden State gasoline prices the most expensive in the country.

Several other states, such as New York, Connecticut, and Hawaii, are close to California in terms of the fuel-tax burden their residents bear, though none has yet joined in crossing the 70-cent-per-gallon threshold.

Take a look at API’s map (click the graphic above to enlarge), or dig into its interactive version for state-and-local-level specifics it might be able to save you a little money here and there while traveling..

ExxonMobil closed the books on a strong performance in 2013 with our year-end earnings announcement yesterday. The corporation earned $32.6 billion for our shareholders on total revenues of $438 billion – or earnings of 7.4 cents for every dollar of revenue.

Here are some of the highlights for Exxonmobil in 2013:

$62.6 billion – That’s ExxonMobil’s direct contribution to the U.S. economy in 2013 in terms of taxes, capital and operating expenditures, and returns to shareholders. ExxonMobil’s direct contribution to the U.S. economy was seven times higher than our U.S. earnings, which were $9.1 billion for 2013. Our indirect contributions are vast, supporting American competitiveness, manufacturing, and improved standards of living.

$42.5 billion – That’s how much ExxonMobil invested in 2013 to find and produce new supplies of oil and natural gas around the globe. About a quarter of that was invested in the United States, which helps explains why an organization like the Progressive Policy Institute would applaud ExxonMobil as a top corporate “Investment Hero” for capital spending that spurs job and economic growth.

$9.8 billion – This is ExxonMobil’s U.S. tax expense for 2013, a figure exceeding our U.S. earnings of $9.1 billion. That’s approximately $817 million for federal, state, and local governments each month. I’ll break it down further. That’s a U.S. tax expense of nearly $27 million every single day of 2013, and it’s why a recent analysis identified ExxonMobil as the top corporate taxpayer in the United States.

35 percent – ExxonMobil’s effective U.S. tax rate in 2013.

5.5 cents – That’s how much ExxonMobil earned in 2013 for every gallon of gasoline and other products we refined, shipped, and sold in the United States. Compare that to 40 to 60 cents per gallon collected by the federal, state, and local governments in gasoline taxes.

I highlight these numbers because our corporation’s and our industry’s earnings are so often the topic of discussion, usually in the context of tax and energy policy at the federal and state levels.

In too many instances, the policy debates and political commentary that mention oil industry finances and taxes get the facts wrong, often wildly so.

If our country is going to have productive discussions about the choices our elected officials make, then everyone needs to be armed with the facts and cognizant of the extraordinary achievements and contributions of our company and industry.