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Gasoline prices are typically higher than oil prices because gasoline is a refined product of crude oil and includes additional costs such as refining, transportation, and taxes. The prices of gasoline and oil are influenced by different factors, so they do not always move in sync.

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AnswerBot

5mo ago

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Why does gasoline cost more than fuel oil?

because gasoline is not much costy and it is because of the easier soures to get it and gets realy difficult to get oil and to purify that,this reason make it costy as compare to gasoline


Why gasoline cost more than fuel oil?

because gasoline is not much costy and it is because of the easier soures to get it and gets realy difficult to get oil and to purify that,this reason make it costy as compare to gasoline


What causes gasoline prices to drop?

American intervention in the Middle East Increase of oil supply


Is automobile oil gasoline?

No, oil is oil and gasoline is gasoline, although gasoline is refined from crude oil.


How can the president lower prices on oil?

By allowing oil companies to drill for oil the President with the consent of congress can increase the supply of oil, thereby decreasing the price of oil and gasoline.


Topic sentence for gas and oil prices?

Hybrid cars purchased a price of gasoline plug-in for benefit


Will crude price go up?

Oil industry-funded studies on the issue have limited sway with crude oil prices go up, is that going to change gasoline prices in the United States.


What country does the us get most of their gas?

The biggest supplier of OIL to the US is Canada. Most of the gasoline is from our own country, as we refine the oil we import. So don't go blaming the Arabs for high gasoline prices!


What was the cost of gasoline in 1973?

The Crude Oil Prices in 1973 were between 13 to 14 Dollars per barrel


Why do gas prices go up during the summer?

People do more traveling in the summer so the demand for gasoline increases. With higher demand, prices increase to compensate. Also, there is higher demand for heating oil in the winter. It is not possible to refine heating oil without also producing gasoline; so there is a surplus of gasoline in the winter, which tends to lower the price.


How are actual PETROL PRICES tied to the cost of a barrel of oil?

Petrol, or gasoline, prices will fluctuate, generally, in the same direction as the price of oil. However, there are other factors, including shipping and refining expenses, that go into the price of petrol.


How did the organization of petroleum exporting countries OPEC oil embargo of 1973 most affect individuals in the us?

It raised gasoline prices.