Why is Gas So Expensive?

Posted By: 
Ed
Posted On: 
Friday, October 17th, 2008

With gasoline prices flirting with $5 a gallon in the past year and oil companies earning $100 billion or so annually, it's a good time to question what really goes into the price of gas. This article from The Consumerist helps shed a little light on the subject by walking us through the economics of the process from the oil well to your corner gas station.