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Essay

Gasoline Prices

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Heather C

 

Date added:

November 3, 2012

 

Level:

University

 

Grade:

B

 

No of pages / words:

3 / 567

 

Was viewed:

10178 times

 

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Essay content:

Although price levels vary over time, Energy Information Administration (EIA) data indicate that average retail gasoline prices tend to typically be higher in certain States or regions than in others. Aside from taxes, there are other factors that contribute to regional and even local differences in gasoline prices...
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The first would be the proximity of the supply. Areas farthest from the Gulf Coast tend to have higher prices since this area is the source of nearly half of the gasoline produced in the U.S. and a major supplier to the rest of the country. When there is a supply disruption which could be unplanned refinery maintenance or if the transportation system can't support the flow of surplus supplies from one region to another, prices will remain comparatively high...
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