Gas is expensive because commodities traders bid up the price of gas contracts on the commodities futures markets with the intention of selling them for profit. Additionally, the p...
Even as the U.S. and Canada produced more oil, and American consumption
remained at an 11-year low, gas prices stayed high. Here are four reasons why.
Aug 18, 2015 ... Crude oil prices have been pushed down by high production, ... Gasoline can't be
stored as easily as crude oil, so hiccups in the supply chain ...
Aug 23, 2015 ... So why are you paying around $2.60 today for a gallon of gas? ... pushing the
price for gas up” – high demand is keeping prices relatively high ...
What's the real reason why gas prices are rising so high? It's probably not what
you think. Find out the full details here.
High gas prices are caused more by futures traders than supply and demand.
Heres' the causes of high gas prices from 2008 - 2015.
Aug 27, 2015 ... Earlier this month the, American Automobile Association noted that gas prices
had dropped to their lowest point at this time of year since 2009.
Jul 22, 2015 ... Oil is cheap, but gas is still expensive in California. Play ... Borenstein says those
usually fizzle out within a month or so, but not this time.
Sep 25, 2015 ... California's traditionally high gas prices are attributed to local taxes and ... for
Californians solving the supply problem might only do so much.
Aug 13, 2015 ... It's impossible to simply skim over the irony of someone demanding to know why
gas prices are so high in the very same press release where ...