What Are Americans Paying For At The Pump?
by Christian Stellakis on Jul 24, 2014 | Views: 88 | Score: 0
| Percent of the cost of gasoline ... Crude Oil | 63 |
|---|---|
| Refining | 16 |
| Excise Tax | 11 |
| Transportation and Retailing | 10 |
Sources:
api.org
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by Christian Stellakis on Jul 24, 2014 | Views: 88 | Score: 0
With the national average price for regular gasoline at $3.55, many Americans bemoan the high prices at the pump. There are four significant factors that influence the cost people pay to fill their tanks, though the price of a gallon of gasoline is most strongly influenced by the price of crude oil.