gas prices
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It is cheaper to buy a gallon of gasoline that has been pumped out of the earth, shipped across the world, refined numerous times, and trucked to nearly all points on the globe than it is to buy a gallon of milk that was produced across the street. -Dr. John Gelph
So, I was driving home from school last week when my low fuel light came on. I figured I better stop and fill up. As I pulled into the local Chevron and began dispensing gasoline into my fuel tank, I watched the pump display the $20.00 mark well before my tank was full. As I pulled out of the gas station with a notable dent in my wallet I remembered just a year ago when I bought my car I could fill it up for less than twenty bucks. Being a full time student and not working, I wanted to know how the gasoline industry works and profits. I strongly wanted to know why I am paying so much, and if the prices were going to get higher or if they would ever go back down. Also, I was very motivated to explore the process in which it takes to get a gallon of gas, and how that process relates to the price per gallon...