The Price of Gasoline
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Title: The Price of Gasoline

Essay Details:

Subject: Business
Author:
Date: November 3, 2015
Level: University
Grade: B
Length: 4 / 1033

Essay text:

Crude oil accounts for nearly 17 percent of the energy consumed in the United States. Gasoline is one of the main products developed from crude oil in the United States. The primary use for gasoline is in automobiles and light trucks. Fuel produced all year round, and is delivered from oil refineries through pipelines to a massive distribution chain serving 167,000 retail stations throughout the United States ("EIA Brochures", 2004). The prices paid by consumers at the pump reflect the cost to produce and deliver gasoline to consumers. Included is the cost of crude oil to refiners, refinery- processing costs, marketing and distribution costs, and finally the retail station costs and taxes...

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