So, why are California gas prices increasing disproportionately? Patrick De Haan, the head of Petroleum Analysis at Gas Buddy, attributes the rising gasoline prices in the Golden State to high gas taxes and limited supply from oil refineries, among other reasons. “When one little thing goes w...
Michael Klare: Why High Gas Prices are Here to StayTom Engelhardt
Why are gas prices so high? Why are gas prices so high? 01:37 Gas prices are hitting record highs almost daily, causing financial pain at the pump for millions of Americans. But it's also spurring questions about why fuel is so expensive — and who's to blame. Consumers are also ...
Refineries make up the next biggest cost suck. There are more refineries in Southern states, where gas tends to be cheaper. Out West, Californians typically get hit the hardest, because there are fewer refineries. "In California, you have to drive and that makes gas...
It was also cheaper to take the train than it would have been to deal with the high gas prices in Europe. Which brings us to another big difference between the two continents: incentives. Americans’ Incentives to Be Car-Obsessed Like it or not, humans are driven (forgive the pun) by ...
Inflation has affected groceries, gas and lots of other everyday expenses — and auto insurance is no exception. Prices for most goods and services have started to stabilize: Year-over-year inflation stood at 2.7% in November, a dramatic difference from the peak of more than 9% during the ...
Art classes, such as painting or drawing, are as important for children's development as other subjects, so it should be compulsory in high school. To what extent do you agree or disagree with this opinion? Give reasons for your answer and include any relevant examples from your own knowledg...
when natural gas prices spike is becoming less available as well. Coal-fired plants are being retired as many people push for cleaner burning gas to be used in its place, and maintaining the aging plants becomes more cumbersome. Coal was also burned through at a high rate during the ...
Antony Ingram
Natural gas prices have skyrocketed so high in Europe that it threatens to send the continent’s economy into recession. Related article $3 gas could be around the corner For context, Europe’s natural gas prices are trading at levels equivalent to about $70 per million BTUs, according ...