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Author Topic: [Poll: 2005.34]: At what step of the gasoline supply chain is the most profit ... Topic is locked Back to Topics
JT

Moderator
Message Posted: Aug 13, 2005 8:01:01 PM

At what step of the gasoline supply chain is the most profit made?
Other/Not sure
Government taxes
Service station retail
Gas wholesale and delivery
Oil refining
Crude oil production

Post your thoughts about this poll below.
REPLIES (newest first)
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YB1234
Champion Author Twin Cities

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Message Posted: May 21, 2007 6:57:01 PM

Oil refining
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YB1234
Champion Author Twin Cities

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Message Posted: May 21, 2007 6:55:39 PM

Oil refining

[Edited by: YB1234 at 5/21/2007 10:57:13 PM EST]
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Guido4
Champion Author Pensacola

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Message Posted: Apr 29, 2007 6:03:00 AM

Oil refining
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truckdude
Champion Author Twin Cities

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Message Posted: Apr 15, 2007 5:31:35 PM

refining and taxes
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kingdick
Champion Author Minnesota

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Message Posted: Mar 11, 2007 2:13:37 AM


Oil Wells
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Guido4
Champion Author Pensacola

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Message Posted: Mar 8, 2007 2:50:27 AM

Oil refining
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Storm37
Sophomore Author Toronto

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Message Posted: Mar 6, 2007 8:18:37 AM

TAXES of course
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truckdude
Champion Author Twin Cities

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Message Posted: Mar 6, 2007 4:35:56 AM

Oil refining and taxes
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truckdude
Champion Author Twin Cities

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Message Posted: Jan 29, 2007 5:13:19 AM

Refining and taxes
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Guido4
Champion Author Pensacola

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Message Posted: Jan 12, 2007 2:39:23 AM

Oil refining
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truckdude
Champion Author Twin Cities

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Message Posted: Dec 25, 2006 9:20:45 AM

Refining and taxes
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truckdude
Champion Author Twin Cities

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Message Posted: Nov 21, 2006 9:34:49 AM

Refining and taxes
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kingdick
Champion Author Minnesota

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Message Posted: Oct 21, 2006 10:38:22 PM

Crude Oil Costs us about $5 per barrel to get it out of the ground and We sell it for $48 per barrel to kerr mcgee

That is were the big profit is
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truckdude
Champion Author Twin Cities

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Message Posted: Oct 21, 2006 8:08:40 PM

Refining and taxes
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twowheel
Champion Author Austin

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Message Posted: Oct 20, 2006 8:31:03 AM

government taxes
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Bill313
Champion Author Kansas City

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Message Posted: Oct 2, 2006 11:07:55 PM

Other/Not sure
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kingdick
Champion Author Minnesota

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Message Posted: Sep 28, 2006 7:23:15 AM

I think these temporary lower prices are just a ploy by the oil monopolies to keep their republican Friends in control of the government
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SoMDHybrid
Champion Author Maryland

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Message Posted: Sep 21, 2006 2:58:11 AM

Refining
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#12#_BlairGasSpy
Rookie Author Nebraska

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Message Posted: Sep 20, 2006 7:13:02 AM

Government taxes
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truckdude
Champion Author Twin Cities

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Message Posted: Sep 20, 2006 5:05:45 AM

Refining and taxes
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SuperSpank
Champion Author Richmond

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Message Posted: Aug 30, 2006 3:33:15 PM

Oil refining
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Blorp
Veteran Author Maryland

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Message Posted: Aug 30, 2006 11:43:20 AM

Production and refining.
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throttle
Champion Author Maryland

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Message Posted: Aug 30, 2006 4:29:11 AM

blackeye, ???????????????
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forty-niner
Champion Author Winnipeg

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Message Posted: Aug 23, 2006 10:45:51 AM

crude oil production.

throttle-will you be pushing your car or driving Flintstone style?
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throttle
Champion Author Maryland

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Message Posted: Aug 23, 2006 7:03:12 AM

PanhandleSam, I'll wave to you from my car when I see you walking.
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PanhandleSam
Champion Author Oklahoma

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Message Posted: Aug 21, 2006 7:19:02 AM

PRODUCTION BOYCOTT NOW
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LJGP_MO95
Champion Author Missouri

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Message Posted: Aug 21, 2006 7:12:41 AM

I would guess the Goverment.
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ddbp
Champion Author Greensboro

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Message Posted: Aug 21, 2006 7:08:31 AM

Gov Taxes
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milo
Champion Author Calgary

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Message Posted: Aug 21, 2006 7:06:30 AM

first
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truckdude
Champion Author Twin Cities

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Message Posted: Aug 21, 2006 6:51:41 AM

Refining and taxes
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Qadosh
Champion Author Michigan

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Message Posted: Aug 20, 2006 11:10:01 AM

I am not sure, but I know the Muslims make a lot of money at the production level.
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twowheel
Champion Author Austin

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Message Posted: Aug 20, 2006 10:21:32 AM

According to data, the refining portion of the petroleum industry is currently most profitable. Buy stock in Valero?
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pkhdonovan
Champion Author Maine

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Message Posted: Aug 17, 2006 12:06:14 PM

refining
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pecos
Champion Author Columbus

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Message Posted: Aug 17, 2006 10:38:53 AM

The most money is made in crude oil production. They have had record profits every quarter for every year, the last 3 years.
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Guido4
Champion Author Pensacola

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Message Posted: Aug 17, 2006 3:03:12 AM

Oil refining
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Guido4
Champion Author Pensacola

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Message Posted: Aug 15, 2006 3:05:49 AM

Oil refining
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throttle
Champion Author Maryland

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Message Posted: Aug 5, 2006 4:28:52 AM

If the question refers to percentage profit, of courst it's the government. They get a lot with no cost to them. If it's the profit in dollars, it's got to be crude oil production, which accounts for $2 of the cost of every gallon of gasoline.
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pkhdonovan
Champion Author Maine

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Message Posted: Jul 31, 2006 12:45:40 PM

not sure
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TexasFight
Champion Author Austin

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Message Posted: Jul 31, 2006 11:20:44 AM

Crude oil production makes a lot. But don't forget that government taxes are pure profit.
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throttle
Champion Author Maryland

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Message Posted: Jul 31, 2006 10:37:16 AM

crude oil production
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Guido4
Champion Author Pensacola

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Message Posted: Jul 29, 2006 1:22:34 AM

Crude oil production
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PriceMonger
Champion Author Milwaukee

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Message Posted: Jul 21, 2006 9:02:07 PM

crude prod
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daiseymay
Rookie Author Missouri

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Message Posted: Jul 21, 2006 7:42:04 PM

government
for sure it is not the local stations
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truckdude
Champion Author Twin Cities

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Message Posted: Jul 21, 2006 2:45:20 PM

Refining
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RGF250
Champion Author Maryland

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Message Posted: Jul 18, 2006 6:32:35 AM

Crude oil production
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chemist74
Champion Author Cleveland

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Message Posted: Jul 18, 2006 5:50:17 AM

Crude oil production - For older fields (drilling costs already recovered)own by governments (Middle East) that have not started to decline, the crude is generating almost 100% profit.
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Huntingdog
Champion Author Oakland

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Message Posted: Jul 18, 2006 4:49:36 AM

Oil refining
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throttle
Champion Author Maryland

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Message Posted: Jul 18, 2006 4:38:55 AM

It's got to be crude oil production. $75 a barrel oil contributes almost $2 to the price of gasoline.
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Guido4
Champion Author Pensacola

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Message Posted: Jul 18, 2006 3:50:00 AM

Oil refining
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billsandi
Champion Author Lexington

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Message Posted: Jun 23, 2006 9:38:59 PM


Government taxes. However a lot of that is used for roads; and buying/selling on the commodities exchange. Here the broker assumes all the risk of upward or downward prices which benefits oil production and refining. If the price goes up, he can make bunches of money. However, when it goes down, and the media seems completely oblivious of this, the broker can lose his shirt.

Overall though, I'd say the (type A) broker earns more. I would expect that death rates are higher in this area too, because it definitely is a pressure-packed job!

In today's world, any work in the gasoline supply chain; could not be traded to me - at any price. I really admire those who can handle it.

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PriceMonger
Champion Author Milwaukee

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Message Posted: Jun 23, 2006 9:13:59 PM

crude prod
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truckdude
Champion Author Twin Cities

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Message Posted: Jun 23, 2006 2:54:56 PM

Refining
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