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From trucking gas to gas stations to winning over new commercial customers, distribution and marketing can account for about 11% of the price of gas at the pump. 4. Federal and state taxes
Put another way, energy stocks lost so much value that they represent just 4.1% of the S&P 500 stock index today, down from 12.3% in 2011. Energy investors got the growth they were after, with U.S ...
Why are gas prices so high, and when will gas prices go back down? Oil prices are just one factor, and consumers could face more record prices at the pump.
Drivers are in for another headache at the pump as U.S. gas prices continue to rise. The national average for gas prices stood at about $3.78 a gallon on Tuesday — about 25 cents higher than ...
The Fed measures inflation year-over-year, so the fact that we’re having a spike in gasoline prices right now makes it more likely that by next year price growth will be below 2%.
Gas prices hit a 2023 high on Thursday, renewing concerns that US inflation will reverse its downward trend. The national average for a gallon of gas sat at $3.82, up $0.29 from one month ago ...
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While gasoline prices have been steady the last few days, hurricane activity can spike prices $0.10 to $0.20," Lipow added. Ines Ferre is a senior business reporter for Yahoo Finance. Follow her ...