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GasBuddy News Article

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Gas Prices: Where your money goes when you fill up your gas tank

KSFY -- Gas prices are starting to become like roller coasters, prices go up then back down then back up again.

The national average for a gallon of regular gas is $3.86. In South Dakota, $3.85. In Iowa, $3.86 and in Minnesota, $3.93.

According to the U.S. Energy Information Administration, here's where your money is going when you fill up. If it costs you $60 to fill up your gas tank, $7.20 or 12% is going to taxes, $4.80 or 8% to distribution and marketing, $9 or 15% to refining costs/profits and $39 or 65% to the crude oil refineries.

No matter the break down some families say it's getting too expensive.

"I haven't seen it go down in who knows how long now. It keeps going up and it's stressful," Amie Hardy said.

Stressful for Amie Hardy and her family because she's constantly


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Submitted Sep 18, 2012 By: aservant
Category: Daily News Article Discussions > Topics Add to favorite topics  
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REPLIES (newest first)
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BEGTWO
Champion Author Maryland

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Message Posted: Sep 19, 2012 11:19:49 AM

Uncle Sam is always going to get his!!!
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remay
Champion Author Houston

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Message Posted: Sep 19, 2012 6:55:37 AM

Yep thanks to speculators and traders...
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VanIsleLes
All-Star Author British Columbia

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Message Posted: Sep 19, 2012 1:54:17 AM

Yup it's expensive
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teafortwo
Champion Author Washington

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Message Posted: Sep 19, 2012 1:19:33 AM


Clearly ties between industry money, government funds and the stranglehold on personal budgets?

This is a problem on so many levels and has made for some strange bedfellows :0\
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SolarReplaceGas
Champion Author Cincinnati

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Message Posted: Sep 18, 2012 9:17:48 PM

@bwatchingu - Count me in the "most families"
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Ply440GTX
Champion Author Texas

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Message Posted: Sep 18, 2012 9:08:28 PM

...it goes, AWAY!!!
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Pramodsharma
Champion Author Richmond

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Message Posted: Sep 18, 2012 8:31:02 PM

Do I really care where my (not my ) money goes after I get value of it? No
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bwatchingu
Champion Author Arkansas

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Message Posted: Sep 18, 2012 5:39:43 PM

Correction:Most families say it's getting too expensive.
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Buck_on_Bass
Champion Author Tennessee

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Message Posted: Sep 18, 2012 2:58:27 PM

When you look at profit, only the country producing the crude oil makes more than the government on gasoline sales.
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bojiway1
Champion Author Minnesota

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Message Posted: Sep 18, 2012 2:52:02 PM

Ugh
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Fitwit
Champion Author Stockton

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Message Posted: Sep 18, 2012 2:50:49 PM

Yea the roller coast keeps going higher.
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bowler360
Champion Author Illinois

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Message Posted: Sep 18, 2012 2:48:38 PM

It's not going to,......improve our lives.
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Teddy95
Champion Author Dayton

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Message Posted: Sep 18, 2012 2:48:10 PM

Hmmm... Obummer!
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papou
Champion Author Tampa

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Message Posted: Sep 18, 2012 2:42:23 PM

Sounds like Borsh them come a lot of the Obama group because they are inapt to do anything about this
Obama wants to propose an additional federal gas tax day helping Bell out from the mistakes that is made we cannot afford this
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PittSlovak
Champion Author Pittsburgh

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Message Posted: Sep 18, 2012 2:42:20 PM

I thought is went into some sheik's pocket.
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032946
Champion Author Twin Cities

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Message Posted: Sep 18, 2012 2:41:47 PM

Mo;re smoke and mirrors!
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misterray
Champion Author Oregon

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Message Posted: Sep 18, 2012 2:39:45 PM

I love to read the ignorant posts by Obama bashers.

By the way, thank you President Obama for saving my son's job at General Motors.
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carinthuist
Champion Author San Francisco

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Message Posted: Sep 18, 2012 2:39:36 PM

spectulators
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bullseye100
Champion Author New Jersey

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Message Posted: Sep 18, 2012 2:38:49 PM

Does it really matter where it goes? IT'S GONE!!!!!!!!!
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jpj23
Champion Author Los Angeles

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Message Posted: Sep 18, 2012 2:38:06 PM

Whoever posted this put a headline on it that completely misrepresents the story, which doesn't say a word about where your money goes when you fill up.. In fact, the story is just a bunch of quotes from people who say that it's expensive and that no one really knows exactly what triggers price increases or when prices will go down.

Thanks so much for wasting my time reading this!
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RichFWA
Champion Author Tacoma

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Message Posted: Sep 18, 2012 2:37:36 PM

The money goes right to the damn speculators!
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julius1st4
Champion Author Ontario

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Message Posted: Sep 18, 2012 2:36:40 PM

OK.; but, how much does the "Station Operator" get??? There are some stations that are "Oil"Co. operated, but, there are also lots of Independants.

Very poor analysis.
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HDFXR1991
Veteran Author Wisconsin

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Message Posted: Sep 18, 2012 2:36:39 PM

Speculate! Speculate!
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dirtydiesel10
Champion Author Colorado Springs

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Message Posted: Sep 18, 2012 2:36:21 PM

Diesel should be cheaper since it takes less refinery process.
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Tekkersmom57
Champion Author Syracuse

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Message Posted: Sep 18, 2012 2:34:41 PM

It is just plain ridiculous how the gas prices can rapidly jump and stay there and it almost takes and act of congress for them to start coming back down. Can you say GREED!!!!
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Zeke33
Champion Author New Hampshire

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Message Posted: Sep 18, 2012 2:33:39 PM

So many people suffering at the gas pump. I hope they REMEMBER IN NOVEMBER. Obummer must go.
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99church
Champion Author Indiana

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Message Posted: Sep 18, 2012 2:30:06 PM

and it will continue to rise, even with North Dakota flowing
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Bonito
Champion Author Dayton

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Message Posted: Sep 18, 2012 2:29:22 PM

Into the pockets of the RICH!
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tman70
Champion Author Georgia

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Message Posted: Sep 18, 2012 2:24:12 PM

who knows
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camel1
Champion Author Minnesota

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Message Posted: Sep 18, 2012 2:20:15 PM

the middle men and market manipulating speculators
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MDTDriver
Champion Author California

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Message Posted: Sep 18, 2012 2:19:07 PM

I guess retires with low income should just go aways, I am one of them.
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chuckhermann
Champion Author New York

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Message Posted: Sep 18, 2012 2:18:18 PM

She spends $60 each fillup 2-3 times a week and still driving an SUV? First thing I would do is look at how I could make do with a smaller vehicle. Between my wife and I we do over 50k miles/year. We certainly do feel the impact.
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fishgaro
Champion Author St. Louis

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Message Posted: Sep 18, 2012 2:17:39 PM

go out of your wallet into their hands
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LostAgain2009
Champion Author New Mexico

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Message Posted: Sep 18, 2012 2:16:17 PM

I don't know where it goes but it sure does go fast.
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rodzilla123
Champion Author San Diego

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Message Posted: Sep 18, 2012 2:15:47 PM

That may be close, but Exploration and drilling exploratory holes is Expensive. California pays more like 18% or 19% in Taxes.
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ricebike
Champion Author New Jersey

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Message Posted: Sep 18, 2012 2:15:38 PM

this site has something similar already
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AskMeLater
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Message Posted: Sep 18, 2012 2:13:55 PM

ok
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nomad228
Champion Author Columbus

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Message Posted: Sep 18, 2012 2:12:56 PM

muslim terrorists ............. ?
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oldiesman
Champion Author New York

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Message Posted: Sep 18, 2012 2:12:15 PM

To the Rockefellers, Sorosos, Rothchilds etc, the rich want more and more and We are just money cofers for them!
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porotito
Champion Author Houston

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Message Posted: Sep 18, 2012 2:12:09 PM

And how much to speculators?
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svspyda
Champion Author San Jose

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Message Posted: Sep 18, 2012 2:11:59 PM

ok
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eddyp94
Champion Author Ontario

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Message Posted: Sep 18, 2012 2:10:26 PM

Into someones pocket...
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Red7002011
Champion Author Mississippi

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Message Posted: Sep 18, 2012 2:10:19 PM

Really!
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rf6480
Champion Author Miami

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Message Posted: Sep 18, 2012 2:10:19 PM

was down yesterday, back up a nickel today.
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spiderjay
Champion Author Little Rock

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Message Posted: Sep 18, 2012 2:07:44 PM

down a hole
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singlemom27
Champion Author Ventura

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Message Posted: Sep 18, 2012 2:07:32 PM

Big Oil and speculators greed!
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nehemiah
Champion Author Portland

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Message Posted: Sep 18, 2012 2:07:05 PM

this is meaningless, we need more alternatives
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divebomber
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Message Posted: Sep 18, 2012 2:06:14 PM

ALTERNATIVE, BICYCLE!
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lovinguy71
Veteran Author Greensboro

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Message Posted: Sep 18, 2012 2:05:24 PM

more freaking lies!!! its all the US govt can do!! they can see the truth for all the lies!!!!
Vote all the bastards out!!!
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unicornpmb
Champion Author Buffalo

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Message Posted: Sep 18, 2012 2:04:37 PM

Knowing does not make it feel any better.
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