John Sherman

The Great Oil Deception: Part Three

Just a Seeking Alpha article idea; for example, Oil prices we pay at the pump, so who are the money beneficiaries from the one gallon retail gasoline sales price as sold?

I believe most people, and that includes me, understands that oil is extracted from some oil well somewhere, transported to an oil refiner process where the oil is converted to gasoline, transported to the gas storage and distribution facility, and finally delivered to my local gas station where I can purchase gasoline at the pump.

So the system of providing value added product called gas seems quite-simple, but who gets how much money for each gallon of gasoline along-the-way when I purchase one-gallon of gasoline at my retail gas station pump now at U.S. retail gas station gasoline prices?

So, an interesting article content would explain who, which specific people, collect how much money starting with how much money does the oil-well pump operation receive for oil from which each gallon of gas that could be extracted and distilled to gasoline products from its well operation, and who pays the oil-well from what cash source. Next, the oil-refiner that buys crude oil for distillation into gasoline and the distiller process pays who and how much for each gallon of potential gas value added oil product input into the refinery. Distribution, the gasoline distribution centers, transport and store gasoline for local delivery pay how much money for each gallon of gasoline and who do they pay for each gallon of gasoline. Finally, my local gas station buys a gallons of gasoline from the local gasoline distributor, so how much does my gas station pay for each gallon of gasoline it sell to me at the advertised pump prices. And I almost forgot, if anybody else are middle-persons in this process of producing and selling gasoline that take a "scope of money" without touching the gasoline product as they move through the process to the retail customer me; as a result, add that names of these people, their title, and where they exist or are inserted into the process of gasoline product, and what benefit do these additional people provide (if they exist) to whom or to the process of producing a value added product called gasoline and at what cost?

I would appreciate a good in-depth article about the economics of production of a gallon-of-gasoline and who gets what money along the production process, and to inform me about things I just don't know that are also in the process that take my and other peoples money for what benefit to whom?

Have a good day, Maybe other people that read your articles would find such a gasoline process and its costs along the way: informative.