How much do oil companies like Exxon Mobile profit?

What percent of gas prices goes toward profitHow much do oil companies like Exxon Mobile profit?
Fuel prices are impacted by a number of factors, including changes in the price of crude oil, supply and demand, change in fuel specifications, government regulations, taxes, and transportation costs.





Crude oil accounted for about 53 percent of the cost of a gallon of regular grade gasoline.





Taxes (not including county and local taxes) account for approximately 19 percent of the cost of a gallon of gasoline. Additional local county and city taxes can have a significant impact on the price of gasoline.





Refining costs and profits comprise about 19 percent of the retail price of gasoline. Distribution, marketing and retail dealer costs and profits combined make up 9 percent of the cost of a gallon of gasoline.





The oil and gas industry earned 9.5 cents for each dollar of sales in 2006. In the first half of 2007, the oil and gas industry earned 9.2 cents for each dollar of sales.