Choose a good topic for me Essay Example | Topics and Well Written Essays - 250 words - 1

Choose a good topic for me - Essay Examplegraphical record 2 compares the crude taxes and revenues gained from cover sale from the period of 2009 to 2013. In the period revenues gained from oil sale was an modal(a) of $966 billion yearly while average taxation was $1,082 billion every year. Moreover, the revenue received has to give for oil transportation, exploration and transportation therefore they can end up making losses on a lower floor low oil prices.Graph 3 compares the annual taxes clear from each caskful of oil and taxes earned per each barrel in the same period. It is clear that an average oil export revenues for each barrel is $95 while the average taxes per barrel is $116. Thus, taxes impose a great burden on the consumer oil products prices. The country graph illustrates each country breakdown of each barrel of oil in the oil producing countries relative to their taxes. From the results, it is very evident that the greatest beneficiaries are the governments throu gh taxation and if oil products were not intemperately taxed, they would cost the consumer just a fraction of their prices.OPEC. (September, 2014). Who get what from imported oil? OPEC Annual Statistical Bulletin. Retrieved from