Where does your gasoline dollar go?Where does your gasoline dollar go?

Remember when you thought $1.50 for a gallon of gas was expensive?

In case you didn't catch this on the Colbert Report last week...

''Nation, I don’t know if you’ve heard this, but gas is getting kind of pricey. It’s getting to the point where I can’t burn anyone in effigy anymore.

Things are so bad, people have been driven to the point of madness, believing that they are the President and can pass laws abolishing gas taxes.

And consumers, folks, are so angry at the gas companies that, for weeks now, the People of America’s Oil and Natural Gas Industry have been forced to run full page ads in newspapers all over the country.

Here’s one I saw today in today’s The USA Today. It asks, ''Where does your gasoline dollar go?'' I actually thought that was a trick question because you cannot actually buy gas for a dollar.

That is right nation. Oil is a zero profit business! I mean, they must have had a bake sale to pay for this ad. Yet, somehow, in 2007, Exxon Mobil made $1,300 a second. Thirteen hundred - yes, that’s a lot of money, but it is an unlucky number of hundreds.

That means that, even though 100% of the gasoline prices are canceled out by costs, these companies are somehow able to wring mind bending revenue out of the their not-for-profit venture. I think that’s pretty impressive. So, the next time you get a request from the Red Cross or The Humane Society, you send them 1 dollar. It is up to them to get 40.6 Billion out of it.''

Actually, in my opinion, the profit comes from the remaining $2.95, once that initial dollar is spent.