What Percentage of the Gas Price is Tax?

It seems like everywhere you turn, you're taxed for something. I'm sure if you added up all the taxes you paid throughout the year, it would come close to 50% of your income (unless you're lucky enough to be in the higher tax brackets, in which case it would be higher, too). One of the taxes consumers pay is the gasoline tax; both the federal and state (and sometimes even local or city).

This site shows how much you in your state are paying for the gasoline tax. Every state has a different system for taxing gasoline. Some have extremely high flat rates. Others have deceptively lower flat rates but then tack on a percentage sales tax. Check out the chart and find out how much you're paying in your location.

You can also compare the amount of tax you're paying with the amount of profit a gasoline company makes per gallon sold. ConocoPhillips makes $0.07 a gallon of profit. This site explains how much the companies pay for the crude oil and how much it costs to refine it. Most of this accounts for the rest of the price of gasoline.

So next time you're at the pump and thinking you're being bilked, remember who is doing the work to get you your gasoline, and remember who's taxing you to fill that car of yours. And don't forget that either when you hear your local politician want to punish the refined oil industry, too.