| There are five primary factors that
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| | to the price you
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| effect the price you
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| | pay to buy from that brand. This makes
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| pay for gas at the pump. Prices
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| | up around 11% of
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| generally increase when
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| | the total price.The forth factor
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| the world crude oil market lowers their
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| | accounts for about 20% of the total cost
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| inventories. Also,
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| | of gas, and it includes federal and
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| when demand exceeds refinery capacity
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| | local taxes. State,
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| gas prices increase.The first factor that
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| | local and city taxes vary, accounting
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| makes up the price of gas at your
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| | for some of the
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| local station is crude oil suppliers.
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| | fluctuation you may see in gas prices in
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| This makes up about
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| | different
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| 59% of the price you pay for gas and it
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| | geographical areas.The fifth factor is
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| is determined by
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| | the markup at your local gas station.
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| the world's oil-exporting countries,
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| | Obviously your local gas station is in
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| particularly OPEC,
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| | business to make
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| the Organization of the Petroleum
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| | money and has employees to pay. So you
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| Exporting Countries. The
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| | know that they must
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| amount of crude oil that these countries
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| | make money on every gallon of gas they
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| produce determines
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| | sell. You may be
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| the price per barrel of oil.The next
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| | surprised however to learn that the
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| factor that effects gas prices is the
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| | amount is generally
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| cost of
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| | not more than 10 cent and may be as low
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| refining the crude oil. This makes up
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| | as a penny per
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| about 10% of the
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| | gallon! Some states do have laws
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| total price of gas.The third factor is
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| | governing station markup
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| the cost of transporting the crude oil
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| | and require a minimum percentage markup
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| to a refinery, then the refined gas to a
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| | to protect small
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| distribution point
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| | stations from being put out of business
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| and finally to your local gas station.
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| | by larger companies
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| If you are buying a
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| | who may want to undercut them.Lisa Beers
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| brand name of gasoline, the cost that
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| | is an expert in increasing gas mileage
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| company spends in
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| | for
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| marketing their brand will also be added
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| | any vehicle.
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