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Why are gas prices so high?


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The reasons gas prices are so high are the cost of crude oil to refiners and the balance between gasoline supply and demand. ChaCha On!

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They are actually much lower than they have been in the past few months.

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Actually the price of gas is coming down a little. It's under $3 where I live.Thanks for using ChaCha!

Answered by Amy P. -

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Gas prices are high due to increased worldwide demand, supply interruptions, and geopolitical unrest. Thanks for asking ChaCha.

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One of the most common reasons is supply and demand - we are using more oil and finding less of it. ChaCha On!!!

Answered by Santo M. -

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It's the struggle of supply and demand. We want it. They have it. So they charge us whatever they want to and we can't say no.

Answered by Brian K. -

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The price of gas is related to the current market price which has been higher lately.

Answered by Christina S. -

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