Gas Prices : What is driving up Gas Prices at the pump? The answer here...

Gas prices has gone up almost every at the pump the last 12 months but what exactly is driving up gas prices... Here's what we found out...

How Many Gallons of Gasoline in a Barrel of Crude Oil?
How Many Gallons of Gasoline in a Barrel of Crude Oil?

The price of gasoline and diesel goes up and down main because of the price of crude oil and the global demand for crude on the worldwide market.

According to a news report from a California television station, the price of crude oil has gone up by more than 60% in the last 12 months. when you add to that the cose to refine crude oil and turn it to gasoline and diesel, and thr cost to transport it to the pumps. that make up more than 75% of the total price you will pay per gallon at the pump.

Many consumers think it's government. that is very far from the truth to what is driving up gas prices.

What do you think about that?

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