Drivers Spend Almost as Much on Gas as They Paid for Their Cars:
up with gasoline does not do much to feed money into communities. In
fact, just 81 cents of an average $50 fill-up goes to the local gas
station owner. “In the end, gas stations make more money off the bottled
water, beef jerky, and other things you buy inside than off the fuel
you buy outside,” says policy analyst Joshua Goldman.
According to data from the Department of Labor’s Bureau of Labor Statistics,
extracting oil and gas produces less than one job per $1 million of
output, and is among the least job-intensive industries in the United
States. When consumers reduce spending on gasoline, they spend more
money in areas of the economy such as retail, which employs about 12
people per $1 million of output.
When we have fuel
competition in America, consumers will cut their spending on fuel at
least in half, greatly boosting employment in the U.S. And you can help
make this happen. Start here.