Frequently Asked Questions
What is the Purpose of the S.C. Petroleum Marketers Association?
SCPMA serves its members through lobbying, regulatory notices, continuing education and member publications. The organization serves as the united voice for the petroleum marketing industry. Our members consist of marketer members (Jobbers and convenience store owners); supplier members (Companies that provide products/services to marketers); and major oil supplier members (Gasoline and fuel oil refiners and importers, pipeline companies and independent terminal companies.)
What Determines the Price of Oil?
The historic swings in oil prices last year were the result of financial speculation from Wall Street and not supply and demand. Steve Kroft with 60 Minutes investigates. Click on the link below to view his report:
http://www.cbsnews.com/video/watch/?id=4713382n%3fsource=search_video
Click here to see the U.S. Gasoline Supply Network by Region
Facts about S.C. Convenience Stores
What Can Be Made from a 42-Gallon Barrel of Crude Oil?
What Legislative Issues Affect Petroleum Marketers?
Facts about U.S. Oil Production and Consumption
What Factors Determine What You Pay at the Pump?
According to the U.S. Department of Energy, here's an approximation of where each dollar you spend on gas goes:
73 cents - Crude Oil 11 cents - Taxes 10 cents - Refining 6 cents - Distribution and Marketing$1.00
What Are You Paying in Gasoline Taxes per Gallon?
Federal Gasoline Tax Breakdown:
18.3 Federal Motor Fuel Excise Tax
.1 Leading Underground Storage Tank Trust Fund
18.4 Total
Federal Diesel Tax Breakdown:
24.3 Federal Motor Fuel Excise Tax
.1 Leaking Underground Storage Tank Trust Fund
24.4. Total
State Gasoline & Diesel Tax Breakdown:
16.00 State Motor Fuel Excise Tax
.25 State Inspection Fee
.50 State SUPERB Fee
16.75 Total
How Much Does a Retailer Make on a Gallon of Gas?
Who Owns All of the Gas Stations?
Why Do Gas Prices Fluctuate So Much?
Fact SheetsScope of the IndustryMotor Fuels/Gasoline Myths & Facts
Industry IssuesMerchandise & Services
Where can I buy E85 & biodiesel in SC?
Click here for a listing of E85 & biodiesel stations in SCE-85 Refueling Locations
South Carolina Petroleum Marketers AssociationFrom the mountains to the coast and all points in between, we're with you every mile.