WWAY TV, A Bit Biased On Gas?
Drivers are fuming about high gas prices
Let's see their opening paragraph talks about Exxon-Mobil's record profit but doesn't tell you how much per gallon they make. Do you know how much Exxon-Mobil makes on a gallon of gas? I tell you, it's about 4.5 cents, the average between the big 4 is about 9 cents per gallon. That's right Exxon-Mobil only makes about 5 cent each time you dump a gallon of gas into your tank. Now if you look at the last paragraph of the article it mentions the tax portion of a gallon of gas. The national average of taxes per gallon is about 45 cents. Oh I know the money goes to the roads. Bull, it's suppose to but millions of dollars every year is diverted from highway funds (federal and state) and put to where the government wants it (bridges to nowhere, how fast does ketchup pour etc). Right in NC money is diverted from the Highway Trust Fund every year. $170 million is supposed to be transfered from the HTF to the general fund yearly to replace taxes that where diverted to the HTF. Within a couble of years $80 million more was diverted from the HTF to cover a budget short fall. The following year the legislature took another $125 million on top of the $170 million. Today $252 million is took out of the HTF and put into the GF, yet Easley doesn't want to lower our state's gas tax a few cents because it's for the roads (the last 4 words are said in a low sad voice with you head tilted 45 degrees). It seems to me the opening paragraph should be something like this:
BRUNSWICK COUNTY-- It seems the rich get richer and drivers get poorer. Our government gets about $0.40 for every gallon of gas you buy compared to Exxon-Mobil's $0.05. That's tough for many people to hear as they pay more than three bucks a gallon for gas.
posted by David at 12:05 PM :: Permalink ::