What Do You Really Know About the Price of Gasoline and Diesel?

Featured image comparing a 1950s full-service gas station with a modern self-service fuel station. On the left, uniformed attendants fuel a classic family automobile outside a vintage service station offering road maps and vehicle services. On the right, a modern gas station displays digital gasoline and diesel prices. The image illustrates the evolution of fueling in America and explores the factors that influence gasoline and diesel prices, including crude oil, refining, taxes, transportation, and global markets.

What Do You Really Know About the Price of Gasoline and Diesel?

Most Americans know the price of gasoline within a few cents, but few understand how fuel prices are actually determined. Learn how crude oil, refineries, taxes, transportation costs, service stations, and global events affect the price you pay at the pump.