Gas Taxes Greater than Profits
This surprised though it shouldn't have. Governments collect more in gas taxes than the largest US oil companies earn in profits.
Since 1977, governments collected more than $1.34 trillion, after adjusting for inflation, in gasoline tax revenues—more than twice the amount of domestic profits earned by major U.S. oil companies during the same period:
Posted by Jill Fallon on October 30, 2005 at 11:20 PM | Permalink | TrackBack