Title: Why are Gasoline Prices Rising? - Consumer Bulletin
Headings: Why are Gasoline Prices Rising?
Why are Gasoline Prices Rising?
Supply and Demand for Oil
Federal and State Taxes
Distribution and Marketing Costs
Refining Costs
Conclusion

Content: This figure varies regionally because different parts of the country require different additives and processing steps in their gasoline formulations. The 12 percent figure also varies over different months, owing to seasonal changes in refinery operations. For example, in the spring when refineries need to retool to produce summer-blend gasoline and to meet summer gasoline demands, the cost of refinery operations is higher. Currently, gasoline production is at a low because refineries have been affected by the low demand from the coronavirus pandemic and the freeze experienced last month throughout parts of the south and Midwest, which points to the lack of excess refining capacity in this country. As a matter of fact, China will surpass the U.S. in refining capacity this year for the first time in history. Conclusion
Gasoline prices are high and increasing because of a variety of global and domestic events. World oil demand growth is outpacing oil supply output, thereby increasing oil prices and gasoline prices to consumers. This is mainly due to the lower oil production caused by the lowered demand from the coronavirus pandemic and