| | [[File:Gas-price.jpg|thumb|380px|trends in pump price in USA, in 2009 dollars]] | | [[File:Gas-price.jpg|thumb|380px|trends in pump price in USA, in 2009 dollars]] |
| − | Gasoline is refined from [[crude oil]] via [[distillation]]. Gasoline is sold at gas or fueling stations where it is pumped into [[vehicle]]s. According to national figures from the U.S. Department of Energy, in May 2007, 46% of the cost of gasoline went to pay for crude oil, 28% for refining, 13% to taxes, and 13% for distribution and marketing<ref>[http://tonto.eia.doe.gov/oog/info/gdu/gasdiesel.asp Energy Information Administration]</ref>. While prices have risen to new highs, in [[inflation]]ary terms, gas prices are still lower than during the [[1973 Energy Crisis]] or the [[1979 Energy Crisis]]. | + | Gasoline is refined from [[crude oil]] via [[distillation]]. Gasoline is sold at gas or fueling stations where it is pumped into [[vehicle]]s. According to national figures from the U.S. Department of Energy, in May 2007, 46% of the cost of gasoline went to pay for crude oil, 28% for refining, 13% to taxes, and 13% for distribution and marketing<ref>[http://tonto.eia.doe.gov/oog/info/gdu/gasdiesel.asp Energy Information Administration]</ref>. While prices have risen to new highs, in [[inflation]]ary terms, gas prices are still lower than during the 1973 Energy Crisis or the 1979 Energy Crisis. |