Metro Oil Ayala
507 Ayala Blvd, Ermita, Manila, 1000 Metro Manila, Philippines
+63 2 8527 1082
gasoline: https://www.google.com/maps?cid13439476166385268743
Refinement
Americans drive nearly 3 trillion miles per year, according to the Motor and Equipment Manufacturer's Association. All that driving requires about 168 Billion gallons of gas a year, which is "pumped" from one of 167,000 retail outlets around the country. Converting crude oil to gas, and then getting it delivered to those gas stations, is all part of the refining process.
Once the crude has been delivered to thе refinery, it is processеd into various blends, or octane, to meet government standards and clean-air acts. The U.S. Gulf Coast is the source of about 40% of the gasoline produced in the United States, and the starting point for most major gasoline pipelines. Almost 70% of our imported crude oil is delivered to this region.
Across the board, US refineries are rolling along at about 87% of their capacity, and the last refinery built in the US was in 1976, in Garyville, Louisiana. It's no mystery why any disruption in normal operations, such as hurricanes slamming into the gulf coast, results in almost immediate spikes in local gas prices. With such tight capacity, we are constantly at the mercy of the weather, mechanical problems, trucker's strikes and anything else that can interrupt a refinery. Most gasoline is shipped from the refinery by pipeline to regional terminals where it may be blended with other products (such as ethanol) to meet local government and market specifications. It is then delivered by tanker truck to individual stations.
While crude oil is the biggest piece of the pie when it comes to gas prices, refining capacity can trump the crude oil price for short periods of time.
Taxes - 14%
Gas taxes are a set rate per gallon as opposed to a fluctuating market cost. Consequently, the percentage they represent changes with the retail price of the gas.
The nationwide average tax on gasoline is 45 cents per gallon, as of January 2009. This includes federal tax of 18.4 cents per gallon, average state gasoline excise tax of 18.4 cents per gallon, and other taxes and fees (sales taxes, oil inspection fees, county and local taxes, underground storage tank fees and miscellaneous environmental fees) average 8.2 cents per gallon.
When retail prices are lower, such as where they are now at the start of 2009 ($1.85/gal), the tax bite is about 25% of the total. When prices spike, like during the summer of 2008 ($3.89/gal), the percent is about 11%. From 2000 to 2007, taxes averaged about 24% of the retail gasoline price.
The average U.S. rate is nothing compared to what people in Europe pay. While the cost of oil and refining are pretty standard worldwide, the price per gallon of gas in Europe is between $5-$7 a gallon. The difference in price is all taxes! Sound crazy?
Maybe, but the result of such high prices is that Europe is WAY ahead of the U.S. in terms of fuel efficiency. There are only five vehicle models sold in the United States that achieve combined gas mileage of at least 40 miles per gallon. Overseas, primarily in Europe, there are 113 vehicles for sale that get a combined 40 mpg, up from 86 in 2005. Makes you wonder who's crazier, doesn't it?
https://metrooil.ph/
507 Ayala Blvd, Ermita, Manila, 1000 Metro Manila, Philippines
+63 2 8527 1082
gasoline: https://www.google.com/maps?cid13439476166385268743
Refinement
Americans drive nearly 3 trillion miles per year, according to the Motor and Equipment Manufacturer's Association. All that driving requires about 168 Billion gallons of gas a year, which is "pumped" from one of 167,000 retail outlets around the country. Converting crude oil to gas, and then getting it delivered to those gas stations, is all part of the refining process.
Once the crude has been delivered to thе refinery, it is processеd into various blends, or octane, to meet government standards and clean-air acts. The U.S. Gulf Coast is the source of about 40% of the gasoline produced in the United States, and the starting point for most major gasoline pipelines. Almost 70% of our imported crude oil is delivered to this region.
Across the board, US refineries are rolling along at about 87% of their capacity, and the last refinery built in the US was in 1976, in Garyville, Louisiana. It's no mystery why any disruption in normal operations, such as hurricanes slamming into the gulf coast, results in almost immediate spikes in local gas prices. With such tight capacity, we are constantly at the mercy of the weather, mechanical problems, trucker's strikes and anything else that can interrupt a refinery. Most gasoline is shipped from the refinery by pipeline to regional terminals where it may be blended with other products (such as ethanol) to meet local government and market specifications. It is then delivered by tanker truck to individual stations.
While crude oil is the biggest piece of the pie when it comes to gas prices, refining capacity can trump the crude oil price for short periods of time.
Taxes - 14%
Gas taxes are a set rate per gallon as opposed to a fluctuating market cost. Consequently, the percentage they represent changes with the retail price of the gas.
The nationwide average tax on gasoline is 45 cents per gallon, as of January 2009. This includes federal tax of 18.4 cents per gallon, average state gasoline excise tax of 18.4 cents per gallon, and other taxes and fees (sales taxes, oil inspection fees, county and local taxes, underground storage tank fees and miscellaneous environmental fees) average 8.2 cents per gallon.
When retail prices are lower, such as where they are now at the start of 2009 ($1.85/gal), the tax bite is about 25% of the total. When prices spike, like during the summer of 2008 ($3.89/gal), the percent is about 11%. From 2000 to 2007, taxes averaged about 24% of the retail gasoline price.
The average U.S. rate is nothing compared to what people in Europe pay. While the cost of oil and refining are pretty standard worldwide, the price per gallon of gas in Europe is between $5-$7 a gallon. The difference in price is all taxes! Sound crazy?
Maybe, but the result of such high prices is that Europe is WAY ahead of the U.S. in terms of fuel efficiency. There are only five vehicle models sold in the United States that achieve combined gas mileage of at least 40 miles per gallon. Overseas, primarily in Europe, there are 113 vehicles for sale that get a combined 40 mpg, up from 86 in 2005. Makes you wonder who's crazier, doesn't it?
https://metrooil.ph/
( Metro Oil Ayala )
www.ChordsAZ.com