Why Are Gas Prices So High?

gas-pump.jpg

Summary: these problems spur fears that the supply of oil will be disrupted, leading to panic buying and high prices as buyers try to ensure they have an adequate supply of oil to meet future demand. Higher prices for crude oil are eventually reflected in higher costs at the gasoline pump. The price is affected by the overall cost of refining, transporting, and selling the product;

Image Dimensions: 200 x 131