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Posted: Sun 20:36, 01 Sep 2013 Post subject: Gas Prices Are Cheapest In These 10 States-spun4 |
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Gas Prices Are Cheapest In These 10 States
From 24/7 Wall St: A record 50 percent of Americans strongly disapprove of President Barack Obama's handling of the economy, a recent Washington Post-ABC News survey shows. A whopping 65 percent are unhappy with his handling of gas prices. While national gas prices have increased 8 percent in the past month alone,[link widoczny dla zalogowanych], the increase has not been uniform across all states, with some fairing far better than others.
Despite the fact that the national average is about to hit $4.00 per gallon, some states with the lowest prices have actually seen gas prices fall recently. 24/7 Wall St. reviewed average gasoline prices across the 50 states to identify where it was most inexpensive. Many of the states where gas is cheapest benefit from access to crude oil and refineries and also enjoy a low cost of living.
One of the factors explaining low gas prices in some states is simply geography. is partly due to access to oil fields and refineries. States in the South and the West,[link widoczny dla zalogowanych], excluding the Pacific coast, are either close to oil fields or to pipelines. This proximity keeps the cost of transporting crude to the refineries low compared to states that have to rely on freight. Many of the Southern and Western states also have more refineries than the coastal regions. As a result, the cost to ship gasoline from the refineries to the gas pump is also lower.
In fact, the presence of refineries appears to affect gas prices significantly. Eight of the 13 states with the lowest gas prices have at least three refineries. This keeps prices high. To make matters worse, several major refineries in the northeast have shut down, or are in the process of shutting down, because of the rising costs of shipping crude to these areas.
Meanwhile, booming oil production and the presence of multiple refineries in Wyoming and Montana has driven prices down substantially. The cost of crude oil in these areas is also cheaper because pipelines do not exist to move it from the fields to refineries outside of the region. Because the market for the crude is limited, the price to refineries is cheap. As a result,[link widoczny dla zalogowanych], prices at the pump are also low.
States with low gas prices tend to have a low cost of living and low median income. Most products and services are inexpensive in the states with the cheapest gas. That is at least in part because the local economies cannot sustain higher prices. Six of the states have among the lowest costs of living, according to the Missouri Economic Research and Information Institute (MERIC),[link widoczny dla zalogowanych], which measures expenses including housing,[link widoczny dla zalogowanych], health care, food costs,[link widoczny dla zalogowanych], as well as gas prices. These states also have relatively low median household incomes,[link widoczny dla zalogowanych], with seven of the 10 having among the lowest median incomes in the country.
Finally, states with the lowest gasoline prices also have low excise taxes on gas. Six of the 10 states featured in this article are among the 15 states with the lowest gas taxes. Wyoming, which has the lowest gas prices in the country, has the second-lowest tax rate.
24/7 Wall St. ranked the 10 states with the lowest gas prices based on data from the American Automobile Association's Fuel Gauge Report,[link widoczny dla zalogowanych]. Census Bureau,[link widoczny dla zalogowanych]. Energy Information Administration. Gas tax rates was taken from the Tax Foundation,[link widoczny dla zalogowanych].
These are the 10 states with the cheapest gas, according to 24/7 Wall St.:
Click here to leave a comment.
HuffPost High School welcomes a lively,[link widoczny dla zalogowanych], thoughtful debate in the comment section. It has maps you can zoom in on to find the station with the lowest price wherever you happen to be. I don't recommend trying to access it while driving, but you can always pull over into a Walmart parking lot long enough to look it up.
If you don't have an internet phone, but you do have a laptop,[link widoczny dla zalogowanych], most McDonalds have free wi-fi.
Gas Buddy also has a trip planner so that if you know what route you're going to take you can pre-plan fuel stops to take advantage of lower prices.
So we are being Gouged because we live in a state that can afford higher price gas
This is the Oil co like BP doing this not Obama,[link widoczny dla zalogowanych]. As for the economy old john B is the one that needs to be called on that one,[link widoczny dla zalogowanych]. Because bills and law passed into law start with house and move along to Harry R then to Obama to be singed into law,[link widoczny dla zalogowanych]. I think it funny that people born in this country do not have a clue how this stuff works and that people not born in this country do know more about how the US works then we do相关的主题文章:
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