In 2010, the United States consumed about 3.28 billion barrels of gasoline. With 42 gallons per barrel, that’s 137.8 billion gallons. There are state and federal taxes collected at the pump. How much did government collect?
Certainly, tax revenue from the sale of gasoline is used to fund many needs, but I just wanted to put these numbers out there to provide some perspective. On average, the state and federal government collect 45 cents per gallon at the pump, compared to the 2 to 5 cents per gallon made by the companies who drill for oil, refine, market, distribute and eventually sell the gasoline.
In 2010 the federal and state governments collected – in total – about $60 billion compared to oil and gas companies who made about $7 billion during the same period. (That number is conservative, and exclusive to gasoline sales.)