Skip to: Content
Skip to: Site Navigation
Skip to: Search


How much do you know about gas prices? Take our quiz!

2. How much profit does an oil company make on a gallon of gasoline?

In November and December of last year, the major oil companies made 7 cents on every dollar of sales, according to the American Petroleum Institute, which analyzed oil-company filings.

In November and December of last year, the major oil companies made 7 cents on every dollar of sales, according to the American Petroleum Institute, which analyzed oil-company filings.

In November and December of last year, the major oil companies made 7 cents on every dollar of sales, according to the American Petroleum Institute, which analyzed oil-company filings.

In November and December of last year, the major oil companies made 7 cents on every dollar of sales, according to the American Petroleum Institute, which analyzed oil-company filings.

Matt Rourke/AP/File
(Read caption)

7 cents on each dollar it gets

 

19 cents on each dollar it gets

 

50 cents on each dollar it gets

 

The refiners lose money on gasoline but make profits on sodas and bags of chips

 
Javascript is disabled. Quiz scoring requires Javascript.

Read Comments

View reader comments | Comment on this story

  • Weekly review of global news and ideas
  • Balanced, insightful and trustworthy
  • Subscribe in print or digital

Special Offer