‘Why does my gas cost $4.00 per gallon?’

By: Steve Maley (Diary)  |  May 3rd at 05:30 PM  | 

Everybody is asking that question these days. The average nationwide price for all grades this week is $3.96/gallon; Californians are paying on average $4.26, the highest in the nation. Why does it cost so much, especially considering that the price was below $2.00/gallon just within the last couple of years? Nearly seventy percent of the price of a gallon of retail gasoline is the price | Read More »