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. Gasoline prices are also influenced by gasoline demand relative to gasoline supply.
Let's personalize your content