Monday, April 4, 2011

What makes up the price of U.S. gasoline?


What makes up the price of U.S. gasoline?

Read this article about gas prices to see how prices are determined.  Please comment on article for article due for April 11th.

44 comments:

mayah3 said...

i think its crazy how the gas prices are going up so much, one minute its 2 something the next 3 something come on. and the percentages thats supposed to go to other thing its crazy they need to fix this and fix it fast because summer is coming and people are going to be doing alot of driving and things.

BRee0501 said...

I think the prices of gas is crazy. Even at the high 2's but it was more affordable then almost 4. Im in high school, play sports, and work i can't afford for prices to keep rising i cant work enough to make the money for it. They need to lower prices, and by doing so i feel they'll make more money because people can afford it and will go more places then just the important places.

Frankf3 said...

I think that gas prices are very high. Also i think many people should start buying bikes an things like that are start walking. The reason i think people should start buying bikes an start walking is because gas is so much that it is like a bill like a 100 or more dollars a week an many people can't afford another bill.

MaxC3 said...

I went to the gas station yesterday and put 25$ in my truck and barely got past E. Thats terrible I cant keep doing that. Anyway I didn't know that crud oil effected the over all cost of gas, almost 71% that crazy. How does anyone else make money besides the crude oil owners?

LindseyxShartzer5 said...

Gas prices are becoming ridiculous. If the government doesn't find a way to sort of regulate gas prices then a lot of people are going to cut back on driving or eventually stop driving at all because the average person can't afford it anymore.

jonharbin5 said...

Its bad that gas prices are so high but i will still buy gas because i have to get around some how. I don't think gas prices will go down to what they use to be so we will have to cut back on some things to save money for gas, buy better fuel efficient cars or walk or run to nearby locations. I will admit though it does suck that gas prices are high and it will be hard to afford large amounts of gas in the near future or maybe tomorrow but we may find away to fix this.

JessSinger5 said...

Gas prices no matter what I believe will continue to rise overall. I think people will still purchase gasoline, but will go shorter distances. The government can raise the price at anytime, so why wouldn't they?

paigeH6 said...

I think gas prices are ridiculous!! We need to lower the prices! Us high school students can't hardly afford all of that. We only work part time, we need to worry about college, some people need to pay for their own college, and now we have to worry about gas prices. They need to stop raising it. It's just ridiculous!

SpenserC6th said...

Gas prices are enormously high. I believe it's going to be that way for awhile. I hope that the government tries to control these insanely high prices because its now just becoming a burden.

S. Davis 3 said...

i feel as if gas prices are ridiculous. its like they go up higher every week. by 10 cent so it can make its way up to a dollar. this summer 2011 gas will most likely me $5.00 a gallon an thats crazy!

Anonymous said...

This is true, gas prices will continue to rise no matter what because oil will become more an more scarce.

KevenC.pd7 said...

i think gas prices will keep going rise know matter what. the only way this gas prices go down is if the government tries to control this situation.

Shanell#5 said...

Gas prices are rising tremendously because oil is becoming scarce. So I think we need to start saving money and oil until we find an alternative resource to fuel automobiles.Gas prices are costing people more money a week than a monthly bill. So car pooling and public transportation are becoming more important.

joshuat said...

gas prices are going to keep changing and its not going down we need to save some cash or stert walking lol

DeanteTyreil said...

I believe gas prices are ridiculous they are just going to keep increasing over the years. Unless action is taken and better decisions are made by economist and other government spending. Our entire economy is out of whack. The price of gasoline is just one of the small issues

jessicanolder6 said...

I thing the prices of gases are to high & barely anyone can afford it so many business are not getting enough money to keep their businesses open because no one wants to buy the expensive gas. I think that if they lower the price of gas, businesses will make more money.

rickythomas6 said...

i think that the pay checks of people who work makes up the gas prices and that wen other gas prices go up gas companys think they can make up prices and then they come up with something

Alexx_Combss said...

In my opinion, gas will only get worse. It's going to become so expensive that the normal person will not be able to afford it anymore. In a way, it's a good thing. It's going to push our generation to find an alternate fuel source. I think it'll make things more efficient.

Herrell, Daulton 7 said...

I'm loving some of these arguments. People saying how they need to lower the prices of gas because "high school kids can't afford these things working part time" I understand where you're coming from and everything but the gas companies don't care about anything but their money and their aren't going to lower it just because people complain because people are still going to buy the gas all the time no matter what so nothing is going to change.

HayleyLawson said...

I think gas prices are crazy high. i think they need to lower it, or find something else to use as fuel because the average person is not going to beable to get gas. Everyone will have to walk everywhere(Which might make obesity go down) :)

leahb3 said...

The prices are dumb, there is no reason for the gas to go up. the prices now are like $3.75 at the least.. that is insane.. at this rate the car industry will be eliminated because noone wants to get gas.. They need to be lowered.

jacobg5 said...

Gas prices are killing me. It is so expensive now. It use to only take $20 to give me half a tank, but now it takes more than that. Plus my job won't give me more than 20 hours a week. So I can't make any extra money.

gmcknight5 said...

Gas prices are ridiculousy high it make people not even want to drive.So having a car is like takinig half of your check if you have a low budget job.

LHappy7 said...

gas prices are crazy high but we did this a few years ago as well and got through it the truth is we have a lot of crude oil we can supply and get but there are laws preventing us to get it because of the wildlife that will possibly get effected but most likely not

JBurley7 said...

Gas prices have been increasing more and more. Time is ticking, gas is running out, and we still don't have a new source of energy to use. Soon people won't even be able to pay for bills and other expenses because they're spending all of their money on gas. One of the reasons i don't drive is because i can't afford gas. First it was about paying for the car. Then it was affording car insurance. Now gas is an even bigger expense when you want to go anywhere.

RSnowden7 said...

Gas prices are really on the increase right now and have been for the last week or so (seems more like years by now)! I can't believe gas prices are already very close to 4 dollars per gallon. Last night gas prices were around anywhere from $3.85 to $3.78-ish per gallon. If gas prices get any more expensive, I do not know how people will make it to work and back. Most people right now can barely get to work. The new cars seem to get better gas mileage, but are still expensive and a lot smaller. My dad has a 1995 Dodge Ram 1500 and it gets around 20mpg on the interstate and in town it is a little less than that. My mom, on the other hand, has a 2004 Honda Pilot and it gets around 15-17mpg in town and a little better on the interstate. I think cruise control helps a lot, but it is hard to use in town. I really feel sorry for anyone who has to buy gas. This past Sunday, I was on the church bus, which is around a 1995 Chevy Beauville, and one of the drivers filled it up with gas and it costed the church just over $103 for this fill up.

James H 6 said...

I want to start by saying gas prices are not to me as crazy as it seems. I believe that businesses have to do what they have to do to stay in business. I mean sure it would be nice to have gas at low $2's again but it's simply not. Personally instead of complaining all the time i just use apps. like gas up to find which station closest to me has the lowest price.

brandon said...

I think that todays gas prices, are crazy. the goverment needs too take the tax off the gas because i think it would lower the gas prices. If they don go down i will either start walking or get a bike.

Nate#6_2012 said...

I feel that the gas prices are xrazy and very unresonable but people will still pay for it.i think that people should start to car pool more an every one chip in also getting a motorcycle cuz they are really good on gas.

JackieOpesky5 said...

The money that we spend on fuel needs to be put towards new, innovative energy sources. Then, we wouldn't be so dependant on gasoline and the rising prices wouldn't be such an issue.

AkersAkers7 said...

Gas price's will always have their ups and downs, unfortunately we are going up right now. And in the summer it's gonna get worse. More than $4 a gallon I'm guessing. I am considering riding a bike everywhere this summer. #realtalk.

Dakotaw said...

Gas prices has been rising and i don't think it will stop. $3.85 a gallon is to much for gas but if you need gas your going to have to pay for it. I think its going to get even worse. I think it will be way over $4 by next year.

AlyshaM5 said...

Gas price are way too high. I dont think the gas prices will get much better . I think they will just keep raising.

EJJunior3 said...

the gas prices rise a little bit more everyday. some people are even spending more than 50 dollars at the pump. in the future they will eventually become unaffordable

KrystalC3 said...

I think its ridiculous how high gas prices has increased. Now they're predicting that gas will be $5 by the summer ! Thats insane ! I feel sorry for people that have trucks. Eventually people will stop traveling so much or maybe they might even go on strike. I feel that if gas prices keep rising eventually it will make this world crazy. People will start stealing gas and crazy stuff like that. I feel that they should lower the gas prices, to an affordable rate because people have been getting laid off and how will they be able to afford gas to get around when they can barely afford to get money to feed themselves.

KarieFoster5 said...

Gas prices are a joke. If you ever notice, on weekends or near holiday, when people will be driving a lot, the gas prices rise more. All people care about is money. There is honestly no need for gas prices to be as high as they are. Pretty soon people arent going to be able to drive anywhere. This is the goal. All of the tree hugger, Al Gore followers will be walking in a dream world when this happens. While they are flying there gets and driving their cars everywhere because they have the money. This is just beyond stupid. People cant afford to go anywhere. I remember when i was little and we would just go driving, just for the fun of it. You cant to that now, people are running on fumes everyday hoping they dont run out of gas before they get the money to put a little bit in the tank, it is just unnecessary .

Rdejesus7 said...

Thats terrible I cant keep doing that. Anyway I didn't know that crud oil effected the over all cost of gas, almost 71% that crazy

donnie r6 said...

this gas prices are killing me and im in school and work its rough they should think or start pumping our crude oil

jwilmot3 said...

i think the gas prices are going to keep rising so we need to start drilling for oil here because it would save us a lot of money and we would get it cheaper so everyone can pay for it but as of now i think more people are just gonna start walking or riding bikes.

dadkins said...

Gas prices are driving me crazy. the goverment needs to find a way to lower them because the average american cannot afford these prices. I know i sure cant. They've gone from 2 to 3 dollars and people flipped out and now that they're almost 4 dollars people are getting upset.

NIsom6 said...

Gas prices are going so high because of all the fighting and conflict in the middle east now with alot of the countries getting fed up with the dictators that are running there countries so until all of that calms down the gas prices here are going to keep staying high

gmcknight5 said...

These gas prices ate crazy im in highschool I mean 4 dollars is crazy..i play all these and travel so much I se these gas prices kil purple

i_morgan6 said...

personally i think gas prices are getting rediculous . no one likes to drive anymore because gas prices are so high .. the government deffinitley needs to work on lowering them so that everyone can afford it .

Hunter said...

Gas prices are becoming ridiculous. If the government doesn't find a way to sort of regulate gas prices then a lot of people are going to cut back on driving or eventually stop driving at all because the average person can't afford it anymore.