WBUR News

Support the news

What's Behind These High Gas Prices?

With Americans consuming 300 million gallons of gasoline every day, this really is a billion-dollar question. The answer? It's complicated. The U.S. is the world's biggest gasoline consumer, and it relies in part on imports of foreign crude oil to meet that need. Global crude supply and demand, which is influenced by politics, speculation and natural disasters, has a powerful effect on the cost of gas in America. Federal and state taxes, regulations and the cost of distribution top off prices at the pump.

Copyright NPR 2016.

+Join the discussion
Share

Support the news

Next Up

Where to now?

More NPR or Explore Audio.