GasBuddy News Article

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Gas Prices: Where your money goes when you fill up your gas tank

KSFY -- Gas prices are starting to become like roller coasters, prices go up then back down then back up again.

The national average for a gallon of regular gas is $3.86. In South Dakota, $3.85. In Iowa, $3.86 and in Minnesota, $3.93.

According to the U.S. Energy Information Administration, here's where your money is going when you fill up. If it costs you $60 to fill up your gas tank, $7.20 or 12% is going to taxes, $4.80 or 8% to distribution and marketing, $9 or 15% to refining costs/profits and $39 or 65% to the crude oil refineries.

No matter the break down some families say it's getting too expensive.

"I haven't seen it go down in who knows how long now. It keeps going up and it's stressful," Amie Hardy said.

Stressful for Amie Hardy and her family because she's constantly

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Submitted Sep 18, 2012 By: aservant

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BEGTWO Champion Author Maryland Posts:1,942 Points:723,990 Joined:Sep 2010	Message Posted: Sep 19, 2012 5:19:49 AM Ignore BEGTWO Report Abuse Uncle Sam is always going to get his!!!
remay Champion Author Houston Posts:6,963 Points:2,117,390 Joined:May 2006	Message Posted: Sep 19, 2012 12:55:37 AM Ignore remay Report Abuse Yep thanks to speculators and traders...
VanIsleLes All-Star Author British Columbia Posts:898 Points:276,245 Joined:Jun 2012	Message Posted: Sep 18, 2012 7:54:17 PM Ignore VanIsleLes Report Abuse Yup it's expensive
teafortwo Champion Author Washington Posts:22,111 Points:1,385,815 Joined:Feb 2009	Message Posted: Sep 18, 2012 7:19:33 PM Ignore teafortwo Report Abuse Clearly ties between industry money, government funds and the stranglehold on personal budgets? This is a problem on so many levels and has made for some strange bedfellows :0\
SolarReplaceGas Champion Author Cincinnati Posts:1,010 Points:210,170 Joined:Aug 2012	Message Posted: Sep 18, 2012 3:17:48 PM Ignore SolarReplaceGas Report Abuse @bwatchingu - Count me in the "most families"
Ply440GTX All-Star Author Texas Posts:949 Points:309,730 Joined:Feb 2009	Message Posted: Sep 18, 2012 3:08:28 PM Ignore Ply440GTX Report Abuse ...it goes, AWAY!!!
Pramodsharma Champion Author Richmond Posts:1,974 Points:386,640 Joined:Feb 2012	Message Posted: Sep 18, 2012 2:31:02 PM Ignore Pramodsharma Report Abuse Do I really care where my (not my ) money goes after I get value of it? No
bwatchingu Champion Author Arkansas Posts:1,740 Points:601,520 Joined:Jan 2009	Message Posted: Sep 18, 2012 11:39:43 AM Ignore bwatchingu Report Abuse Correction:Most families say it's getting too expensive.
Buck_on_Bass Champion Author Tennessee Posts:7,574 Points:1,456,060 Joined:Jul 2007	Message Posted: Sep 18, 2012 8:58:27 AM Ignore Buck_on_Bass Report Abuse When you look at profit, only the country producing the crude oil makes more than the government on gasoline sales.
bojiway1 Champion Author Minnesota Posts:2,049 Points:479,035 Joined:Dec 2011	Message Posted: Sep 18, 2012 8:52:02 AM Ignore bojiway1 Report Abuse Ugh
Fitwit Champion Author Stockton Posts:6,394 Points:1,354,895 Joined:May 2009	Message Posted: Sep 18, 2012 8:50:49 AM Ignore Fitwit Report Abuse Yea the roller coast keeps going higher.
bowler360 Champion Author Illinois Posts:1,975 Points:499,775 Joined:Jun 2011	Message Posted: Sep 18, 2012 8:48:38 AM Ignore bowler360 Report Abuse It's not going to,......improve our lives.
Teddy95 Champion Author Dayton Posts:41,145 Points:2,696,125 Joined:Oct 2005	Message Posted: Sep 18, 2012 8:48:10 AM Ignore Teddy95 Report Abuse Hmmm... Obummer!
papou Champion Author Tampa Posts:10,884 Points:1,906,335 Joined:Jul 2005	Message Posted: Sep 18, 2012 8:42:23 AM Ignore papou Report Abuse Sounds like Borsh them come a lot of the Obama group because they are inapt to do anything about this Obama wants to propose an additional federal gas tax day helping Bell out from the mistakes that is made we cannot afford this
PittSlovak Champion Author Pittsburgh Posts:2,499 Points:1,911,560 Joined:Sep 2005	Message Posted: Sep 18, 2012 8:42:20 AM Ignore PittSlovak Report Abuse I thought is went into some sheik's pocket.
032946 Champion Author Twin Cities Posts:19,860 Points:4,044,045 Joined:Oct 2001	Message Posted: Sep 18, 2012 8:41:47 AM Ignore 032946 Report Abuse Mo;re smoke and mirrors!
misterray Champion Author Oregon Posts:3,178 Points:721,865 Joined:Aug 2008	Message Posted: Sep 18, 2012 8:39:45 AM Ignore misterray Report Abuse I love to read the ignorant posts by Obama bashers. By the way, thank you President Obama for saving my son's job at General Motors.
carinthuist Champion Author San Francisco Posts:2,243 Points:329,260 Joined:Mar 2012	Message Posted: Sep 18, 2012 8:39:36 AM Ignore carinthuist Report Abuse spectulators
bullseye100 Champion Author New Jersey Posts:2,429 Points:584,580 Joined:Aug 2011	Message Posted: Sep 18, 2012 8:38:49 AM Ignore bullseye100 Report Abuse Does it really matter where it goes? IT'S GONE!!!!!!!!!
jpj23 Champion Author Los Angeles Posts:5,710 Points:1,099,700 Joined:Jul 2008	Message Posted: Sep 18, 2012 8:38:06 AM Ignore jpj23 Report Abuse Whoever posted this put a headline on it that completely misrepresents the story, which doesn't say a word about where your money goes when you fill up.. In fact, the story is just a bunch of quotes from people who say that it's expensive and that no one really knows exactly what triggers price increases or when prices will go down. Thanks so much for wasting my time reading this!
RichFWA Champion Author Tacoma Posts:1,175 Points:289,845 Joined:Mar 2011	Message Posted: Sep 18, 2012 8:37:36 AM Ignore RichFWA Report Abuse The money goes right to the damn speculators!
julius1st4 Champion Author Ontario Posts:4,210 Points:1,190,600 Joined:Jul 2003	Message Posted: Sep 18, 2012 8:36:40 AM Ignore julius1st4 Report Abuse OK.; but, how much does the "Station Operator" get??? There are some stations that are "Oil"Co. operated, but, there are also lots of Independants. Very poor analysis.
HDFXR1991 Veteran Author Wisconsin Posts:469 Points:141,030 Joined:Sep 2008	Message Posted: Sep 18, 2012 8:36:39 AM Ignore HDFXR1991 Report Abuse Speculate! Speculate!
dirtydiesel10 Champion Author Colorado Springs Posts:1,162 Points:232,460 Joined:Dec 2010	Message Posted: Sep 18, 2012 8:36:21 AM Ignore dirtydiesel10 Report Abuse Diesel should be cheaper since it takes less refinery process.
Tekkersmom57 Champion Author Syracuse Posts:1,879 Points:701,190 Joined:May 2010	Message Posted: Sep 18, 2012 8:34:41 AM Ignore Tekkersmom57 Report Abuse It is just plain ridiculous how the gas prices can rapidly jump and stay there and it almost takes and act of congress for them to start coming back down. Can you say GREED!!!!
Zeke33 Champion Author New Hampshire Posts:5,574 Points:1,615,980 Joined:Sep 2005	Message Posted: Sep 18, 2012 8:33:39 AM Ignore Zeke33 Report Abuse So many people suffering at the gas pump. I hope they REMEMBER IN NOVEMBER. Obummer must go.
99church Champion Author Indiana Posts:1,821 Points:362,040 Joined:Oct 2011	Message Posted: Sep 18, 2012 8:30:06 AM Ignore 99church Report Abuse and it will continue to rise, even with North Dakota flowing
Bonito Champion Author Dayton Posts:15,754 Points:3,007,895 Joined:Jun 2004	Message Posted: Sep 18, 2012 8:29:22 AM Ignore Bonito Report Abuse Into the pockets of the RICH!
tman70 Champion Author Georgia Posts:1,760 Points:734,050 Joined:Jul 2007	Message Posted: Sep 18, 2012 8:24:12 AM Ignore tman70 Report Abuse who knows
camel1 Champion Author Minnesota Posts:8,270 Points:2,266,615 Joined:Jul 2006	Message Posted: Sep 18, 2012 8:20:15 AM Ignore camel1 Report Abuse the middle men and market manipulating speculators
MDTDriver Champion Author California Posts:9,724 Points:2,155,395 Joined:Jul 2006	Message Posted: Sep 18, 2012 8:19:07 AM Ignore MDTDriver Report Abuse I guess retires with low income should just go aways, I am one of them.
chuckhermann All-Star Author New York Posts:962 Points:499,200 Joined:Jun 2011	Message Posted: Sep 18, 2012 8:18:18 AM Ignore chuckhermann Report Abuse She spends $60 each fillup 2-3 times a week and still driving an SUV? First thing I would do is look at how I could make do with a smaller vehicle. Between my wife and I we do over 50k miles/year. We certainly do feel the impact.
fishgaro Champion Author St. Louis Posts:1,494 Points:344,910 Joined:Apr 2012	Message Posted: Sep 18, 2012 8:17:39 AM Ignore fishgaro Report Abuse go out of your wallet into their hands
LostAgain2009 Champion Author New Mexico Posts:2,398 Points:711,685 Joined:Apr 2009	Message Posted: Sep 18, 2012 8:16:17 AM Ignore LostAgain2009 Report Abuse I don't know where it goes but it sure does go fast.
rodzilla123 Champion Author San Diego Posts:4,400 Points:1,034,365 Joined:Jul 2008	Message Posted: Sep 18, 2012 8:15:47 AM Ignore rodzilla123 Report Abuse That may be close, but Exploration and drilling exploratory holes is Expensive. California pays more like 18% or 19% in Taxes.
ricebike Champion Author New Jersey Posts:10,032 Points:1,855,720 Joined:Oct 2005	Message Posted: Sep 18, 2012 8:15:38 AM Ignore ricebike Report Abuse this site has something similar already
AskMeLater Champion Author Amarillo Posts:1,988 Points:578,025 Joined:Jul 2005	Message Posted: Sep 18, 2012 8:13:55 AM Ignore AskMeLater Report Abuse ok
nomad228 Champion Author Columbus Posts:3,117 Points:575,140 Joined:Feb 2011	Message Posted: Sep 18, 2012 8:12:56 AM Ignore nomad228 Report Abuse muslim terrorists ............. ?
oldiesman Champion Author New York Posts:6,432 Points:2,194,935 Joined:May 2006	Message Posted: Sep 18, 2012 8:12:15 AM Ignore oldiesman Report Abuse To the Rockefellers, Sorosos, Rothchilds etc, the rich want more and more and We are just money cofers for them!
porotito Champion Author Houston Posts:2,150 Points:579,685 Joined:Dec 2010	Message Posted: Sep 18, 2012 8:12:09 AM Ignore porotito Report Abuse And how much to speculators?
svspyda Champion Author San Jose Posts:1,673 Points:339,960 Joined:May 2012	Message Posted: Sep 18, 2012 8:11:59 AM Ignore svspyda Report Abuse ok
eddyp94 Champion Author Ontario Posts:8,163 Points:1,660,835 Joined:Mar 2008	Message Posted: Sep 18, 2012 8:10:26 AM Ignore eddyp94 Report Abuse Into someones pocket...
Red7002011 Champion Author Mississippi Posts:3,332 Points:668,720 Joined:Jul 2011	Message Posted: Sep 18, 2012 8:10:19 AM Ignore Red7002011 Report Abuse Really!
rf6480 Champion Author Miami Posts:1,534 Points:547,805 Joined:Mar 2011	Message Posted: Sep 18, 2012 8:10:19 AM Ignore rf6480 Report Abuse was down yesterday, back up a nickel today.
spiderjay Champion Author Little Rock Posts:4,773 Points:1,282,235 Joined:Oct 2005	Message Posted: Sep 18, 2012 8:07:44 AM Ignore spiderjay Report Abuse down a hole
singlemom27 Champion Author Ventura Posts:3,113 Points:640,185 Joined:Apr 2011	Message Posted: Sep 18, 2012 8:07:32 AM Ignore singlemom27 Report Abuse Big Oil and speculators greed!
nehemiah Champion Author Portland Posts:4,761 Points:930,615 Joined:Jul 2007	Message Posted: Sep 18, 2012 8:07:05 AM Ignore nehemiah Report Abuse this is meaningless, we need more alternatives
divebomber Champion Author Nebraska Posts:6,078 Points:1,812,275 Joined:Jun 2007	Message Posted: Sep 18, 2012 8:06:14 AM Ignore divebomber Report Abuse ALTERNATIVE, BICYCLE!
lovinguy71 Veteran Author Greensboro Posts:443 Points:480,715 Joined:Feb 2006	Message Posted: Sep 18, 2012 8:05:24 AM Ignore lovinguy71 Report Abuse more freaking lies!!! its all the US govt can do!! they can see the truth for all the lies!!!! Vote all the bastards out!!!
unicornpmb Champion Author Buffalo Posts:8,491 Points:1,629,515 Joined:Sep 2005	Message Posted: Sep 18, 2012 8:04:37 AM Ignore unicornpmb Report Abuse Knowing does not make it feel any better.