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Friday, March 23, 2012

The Cost of Gasoline... 2012

This is more accurate data on the current cost of a gallon of gasoline: crude oil=$2.94, refining=$0.52, storage=$0.02, sales taxes=$0.10, fed & state excise taxes=$0.54, distribution, marketing and profit=$0.24. Retail price $4.36/gallon.

Estimated 2012 Gasoline Price Breakdown & Margins Details

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