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Gasoline taxes and the price at the pump
April 28, 2015 by Ken CohenThe American Petroleum
Institute offers a handy map of the U.S. that breaks down the gasoline tax
regimes in the 50 states and the District of Columbia.
The national average for gasoline taxes comes to 48.85
cents per gallon.
For perspective, consider that in 2014 ExxonMobil earned about 4 cents for
every gallon of gasoline and other petroleum products we refined, shipped,
and sold in the United States.
The owner of a typical car or truck with a 16-gallon gas tank will pay
$41.12 to fill up, based on the current price of $2.57 for a gallon of
regular gasoline. Of that, $7.82 will go to taxes, while around 64 cents
will go to ExxonMobil’s bottom line (assuming the driver refuels at one of
our stations). |
