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Who profits from gas prices in the U S
AP reports the oil industry earns about two cents per gallon in profits from refining and distribution, with additional gains from crude oil operations for integrated firms. The broader drag includes taxes, dealer margins, and high sales volumes, totaling billions daily across sectors.
MENTIONED IN THIS ARTICLE
New York
American Petroleum Institute
The
Trade Association
API
Federal Energy Administration
Ivan Maple
FEA
Integrat