How crude-oil prices influence gasoline prices
Green Car Congress
MAY 30, 2018
However, the retail price of gasoline includes other costs as well. The Energy Information Administration (EIA) estimates that in the United States from 2008 to 2017, crude oil represented only 61% of the retail price of gasoline. barrel, while the gasoline prices peaked on July 16, 2008 at $4.103/gallon.
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