Gas Prices

How Our Gas is Used As Americans, we are accustomed to the mobility that comes with owning a car. Gasoline helps power the American dream, giving us the freedom to travel where we want and when we want, for work, school, and for recreation. A steady supply of affordable clean-burning gasoline is central to our economic well-being and our way of life. Gasoline is as important as electricity for lighting, milk in the refrigerator or …

…on large signs along the nation's roads? Price also generates a lot of concern, particularly when it is going up. The gasoline market is highly competitive. Gasoline prices reflect market fluctuations in supply and demand. Crude oil costs, taxes and manufacturing and distribution costs all factor in to how much one pays for gasoline, as well as the challenges the oil and natural gas industry must overcome to ensure that fuel is accessible when needed.