Find out what determines the price you pay at the pump. ... the price of crude oil
averaged 68% of the average retail cost of gasoline in December of 2010.
Combined federal and state taxes account for about 14 percent of the average
price of gasoline, marketing and distribution costs account for 10 percent, and the
The cost of crude oil as a share of the retail gasoline price varies over time and
also varies among regions of the country. Crude oil prices are determined by ...
Jun 21, 2012 ... Americans, there is no magic ratio that can accurately determine gasoline prices
based on oil. The market determines prices based on demand, ...
Changes in gasoline and diesel prices mirror changes in crude oil prices. Those
changes are determined in the global crude oil market by the worldwide ...
Jul 2, 2015 ... When Jay Ricker, owner of the BP gas station off Interstate 70 in Plainfield, Ind.,
set the price of unleaded gasoline on Monday of last week, ...
Apr 27, 2011 ... In 2004, when the average price for crude oil was $37 per barrel, crude
composed only 47 percent of the price of regular gasoline. Today ...
The amount of crude oil these countries produce determines the price of a barrel
of ... fuel can be considerably higher than the price of refining regular gasoline.
Learn about gas prices, how gas prices are determined and what factors affect ...
Gasoline is the bloodline that keeps America moving, and tracking gas prices ...
What determines the price of crude oil? .... understanding of the major factors that
influence the U.S. price of gasoline and the challenges facing the United ...