Title: Why Gas Prices Are Rising So High - Reasons for Fluctuations
Headings: Why Gas Prices Are Rising So High – Reasons for Fluctuations
Why Gas Prices Are Rising So High – Reasons for Fluctuations
Why Gas Prices Go Up or Down
1. Changes in Crude Oil Prices
Seasonal Changes
Foreign Affairs
International Trade
Price Manipulation
Currency Changes
Advances in Technology
Development in Emerging Countries
2. Changes in Refining Costs
3. Problems With Distribution
4. Changes in the Gas Tax
Federal & State Taxes
The Impact of Carbon Taxes
Final Word
Make
Money
Manage
Money
Save
Money

Content: It’s not that oil is any less valuable; it’s just that the dollar itself is more valuable, so it buys more oil. By contrast, when the dollar is weak relative to other world currencies, such as the euro, oil becomes more expensive for Americans to buy. However, it also becomes cheaper for people in other countries, leading them to buy more. As a result, world demand rises, driving up oil prices still further. Advances in Technology
Most factors only change oil prices temporarily. Wars, sanctions, and supply manipulation all eventually come to an end and the dollar’s value shifts over time. But a couple of factors can bring about more long-term changes in global oil supply or demand. One of these is improvements in the technology used to extract oil from the ground. Consider world oil production in 2018.