Changes

[[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.

==See Also==

==See also==

*[[Gasoline station]]

*[[Gasoline station]]

[[Category:Fuels]]

[[Category:Fuels]]

[[Category:Investments in Tangibles]]

[[Category:Investments in Tangibles]]

[[category:Petroleum Products]]

[[Category:Petroleum Products]]