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Why are gas prices so high? There are lots of reasons, including seasonal factors. ... distribution and marketing can account for about 11% of the price of gas at the pump. 4. Federal and state taxes.
The fall in prices will be aided by the lowering of the Pennsylvania Gas Tax from the current rate of $0.611 per gallon to $0.576 per gallon, which goes into effect on Jan. 1. Still, Pennsylvania ...
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Drivers are in for another headache at the pump as U.S. gas prices continue to rise. The national average for gas prices stood at about $3.78 a gallon on Tuesday — about 25 cents higher than ...
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The price of gasoline now stands at $3.64 per gallon, according to AAA, much lower than last summer’s high of just over $5. But the cost to fill up a tank has been creeping upward from the $3.55 ...
Put another way, energy stocks lost so much value that they represent just 4.1% of the S&P 500 stock index today, down from 12.3% in 2011. Energy investors got the growth they were after, with U.S ...
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