Pumping Up Prices

ou to believe that the price of gas is based solely on the price of crude oil, but there are actually many factors that determine what you pay at the pump. Although prices today are higher compared with prices in recent years, they remain well below historical highs when inflation is taken into account. Over a period of a month, the cost of a gallon of gasoline can fluctuate by as much as fifteen cents or more (Burdette). So what causes all of these constant fluctuations in gasoline prices? Apparently there are a lot of reasons for the dramatic change in prices. Taxes, Refinery costs, Importing, and supply and demand are
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Pumping Up Prices. (2000, January 01). In MegaEssays.com. Retrieved 11:46, October 19, 2026, from https://www.megaessays.com/viewpaper/1314.html