AN OLDY BUT GOODY ON THE 9/10TH PRICE ON A GALLON OF GAS
Published on 09-16-2014 by:
THERE ARE MANY ARTICLES ON THE 9/10 PRICE AT THE END OF THE PRICE FOR A GALLON OF GAS, HOWEVER, NONE OF THE ARTICLES REALLY EVER EXPLAIN WHY THE 9/10 PRICE IS AN ACTUAL ISSUE.
PEOPLE DO NOT REALLY NOTICE THAT THERE IS A 9/10 AT THE END OF THE PRICE OF A GALLON OF GAS NO MATTER HOW MUCH A GALLON COST PER DAY.
LETS DO THE MATH AND SHOW WHAT IS ACTUALLY GOING ON RIGHT IN FRONT OF YOUR EYES ON A DAILY BASIS:
According to a document by Exxon/Mobile published in February 2005, there are 370 million gallons of gasoline used daily in America.
370,000,000.00 x .001=37,000.00 x 365= 13,505,000.00 collected per year, just on gas for cars alone, not counting airplanes, military, diesel trucks etc…..
The Gas station is charging 9/10ths of a penny but collecting the one tenth of the penny without ever putting the one-tenth of the penny on the books as a sale or even part of a sale of a gallon of gas.
This means that the gas stations are collecting 13, 505, 000.00 USD each year without ever placing that amount as income on the books, right out in the open, right in front of everyone, for many years.
The aforementioned story is the definition of “arbitrary”.