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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
Oil has fluctuated while pump prices stayed high. Analysts expect the cost of gas to stay up for now, but lawmakers are discussing relief options. Why are gas prices still so high?
Gas prices have spiked in and around Chicago after a tornado sidelined a major ExxonMobil oil refinery last week. A gallon of gas in Chicago is now selling for an average of $4.34 , according to AAA.
According to AAA, the national average price of a gallon of gas climbed to $3.92 on Monday. Prices are likely to keep going higher from here as oil prices climb, according to Patrick De Haan ...
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 ...
You saw that most obviously in the 1970s … when high gasoline prices meant people had less money to spend on other stuff, and meanwhile, the Federal Reserve pushed rates up too high to fight ...
The price of gasoline now stands at $3.64 per gallon, according to AAA, much lower than last summer’s high of just over $5. But the cost to fill up a tank has been creeping upward from the $3.55 ...
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