Monday, February 11, 2013

Where Does Your Money Go When You Buy Gas?

So you know that every time you fill your car's gas tank, a certain portion of your money goes to a gas tax, the oil company gets some and the gas station ends up with a little. But how is it actually divided? The Union of Concerned Scientists (UCS) had that question and took a closer look and their conclusion; most of the money you spend at the pump goes directly to one place: oil companies.

A typical American spends more than $22,000 on gas over the lifetime of a vehicle purchased in 2011 with average fuel efficiency of 22.8 mpg. UCS says, of that amount, oil companies rake in about $15,000.

Where does the remainder go?
Here's the full article and some cool charts and graphs as well.

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About SRTC

SRTC is the federally designated Metropolitan Planning Organization (MPO) for Spokane County. Urbanized areas with populations exceeding 50,000 people are required to have an MPO. SRTC was formed to address the county's transportation planning needs. It provides coordination in planning between the public, cities, small towns, the county, the state, transit providers, and tribes.

SRTC offers services including transportation monitoring, transportation modeling, census information analysis, travel demand forecasting, historical traffic count analysis, geographic information systems, and trip generation rates.