Скачать или смотреть Who Actually Controls the Price of Gas? How it Works

Time Codes:
0:00 - Intro
1:10 - what is gasoline
1:45 - the effect of crude oil price
3:55 - refining costs
4:40 - transportation and logistics costs
4:55 - taxes cost
6:25 - how does gas station pricing work

Welcome Everyone!

In today’s video we are going to discuss the true influences on the prices you see on a daily basis at the pump. I’ve worked in the oil industry for my whole working career, in pricing specifically for a portion of it, and want to provide an unbiased opinion on why gas prices are high, and where they are going in the future.

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.