Thursday, August 5, 2010

"Steady_T" discusses "industry expert's" silly statement

That is quite a silly statement.

quote----------
in any industial process the cost of feedstock is not significant.
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Since we are talking about petroleum, the cost of crude, otherwise know as feedstock, is more than 50% of the final cost of a gallon of gasoline.

I know you have a high opinion of yourself "i am an industry expert, so I don't need links." but here is a link to the DOE on the breakdown cost for gas. You won't read it because you are an "industry expert" but others might like to see it.

http://www.eia.gov/energyexplained/index.cfm?page=gasoline_factors_affecting_prices

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