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Although price levels vary over time, Energy Information Administration (EIA) data indicate that average retail gasoline prices tend to typically be higher in certain States or regions than in others. Aside from taxes, there are other factors that contribute to regional and even local differences in gasoline prices. The first would be the proximity of the supply. Areas farthest from the Gulf Coast tend to have higher prices since this area is the source of nearly half of the gasoline produced in the U.S. and a major supplier to the rest of the country. When there is a supply disruption which could be unplanned refinery maintenance or if the transportation system can't support the flow of surplus supplies from one region to another, prices will remain comparatively high...
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Common topics in this essay:
- Gasoline Prices
- Changes in the Supply, Demand and Pricing of Crude Oil and Gasoline
- Crude Oil and Prices: OPEC needs to be shut down!
- High Pump Prices: Oil Demand and Supply Factors
- Products, Services, and Prices in the Free Market Economy: Price Elasticity of Demand
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- Gasoline Prices
- Why Gas Prices Are Rising
- Effects of Crude Oil Prices
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- Crude oil prices in the market
- What's The Answer for High Gasoline Prices?
- Why Are Gasoline Prices Going Up So High?
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