Study: 66 Percent of Your Fill-Up Goes Into Oil Company Coffers

[4dsc]

That’s the finding from a new study by the Union of Concerned Scientists which found that, over the average lifespan of a vehicle, owners will spend about $20,000 in fuel during its 15-year run on the road and $14,000 will go directly to oil companies. For every $50 fill-up, $33 goes into the coffers of Chevron, ExxonMobile or BP, while very little of the remaining cash goes into the local economy or even back to oil company investors.

http://www.wired.com/autopia/2013/02/ucs-oil-company-study/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+wired%2Findex+%28Wired%3A+Top+Stories%29


Interesting.

[libertyandjustice24]

1. That is all? I think they may need to reevalute their profit margins, that is just too generous of

them.