Oil-to-Gas Multiplier?

Discussion in 'Economics' started by CollegeTrader33, Jul 25, 2008.

  1. Bushido

    Bushido

    $3.42 is almost correct, you just need to factor in the tax/excise paid by the oil companies for the mark-up which is approx 17-18% (dont remember the exact figure). And it may deffer from state to state.

    Factor that in and you will get the correct figure.
     
    #11     Jul 28, 2008
  2. ScapGF

    ScapGF

    To try and get around the tax problem from state to state I was using the gasoline figures posted as the National Average. Wouldn't that at least help smooth the quality of the calculation?

    Again, lots of good info posted.

    Best,
     
    #12     Jul 28, 2008
  3. Yes, thanks all for the productive comments.
     
    #13     Jul 28, 2008