Why Gas Prices In The U.S. Vary 

Back when I was President, The price of Gas was 20 cents

Oil barrels were $41 at beginning of this year. Now $81+ for oil barrels. Stock investors are smiling

I paid $1.29 a gallon during the lockdowns in Texas.

Most people think... investing in crypto is all about buying coin and leaving it to rise,😀😀common it takes much analysis to be a successful crypto trader

I miss last year when you could easily find gas for under $2 in the Midwest and South. Cheapest I’ve paid for gas was $1.76 in Omaha, NE!

I don't care about the Gas prices, they need to regulate the price of Diesel so your every day groceries don't shoot up, like bread, milk, eggs, etc.

Right at the beginning of the great lockdown in March 2020, I was on a spring break rock climbing trip in Northern Arkansas and on the drive back we experienced 98c gas on the drive back through southern Missouri

Every time that i hear Gasoline prices in America my jaw drops. Even in california gas is still 50% cheaper than it is here in the Netherlands. And other states like Texas are even cheaper. It's practically free gasoline.

I never knew Charleston, SC was seismic and I grew up in SC. I grew up in the upstate of SC and actually have experienced a couple of mild tremors while growing up there but Charleston is dark red.

Compare gas prices between red and blue states and you have your answer

The real question should be why many things are priced the same across the US when cost of living and transportation are not.

it's a fascinating thought hw investors pull through this in the investments space When stocks n coin at a time Inflate and deflate without notice, lol for me I would have had a cardiac arrest longtim!!!😂

This is a fine example of what journalism is supposed to be, good job to all those involved! Very informative and no arguing:)

any taxes for carbon emissions should be placed on corporate America.

I love how there saying the reason of gas prices going back up is because of everything going back to normal🤣

Word of 2021 “Transitory”

If you want cheaper gas prices, just switch to Metric! A liter of gas will cost on average just 84 cents!

Gas station manager here. There’s some important details left out that lead to increased prices. Supply side and demand was explained but that margin and marketing cost of fuel has also increased. With gas apps like Gas Buddy, GetUpside and many others, these frequently used apps cost stations like our money to fund promotions and have advertising. This is something that we didn’t even have an option to use 20 years ago. Another thing that has changed our business is maintaining the stations, pumps are more electronic and sophisticated than before, having screens and EMV protections like pump lockouts. Part from some manufacturers now come with expiration dates, creating even more increased maintenance cost. Combine this with increased fuel economy and in some cases less demand than last years we are forced to makeup volume with margin. Industry average years ago was in a ball park range of .20 per gallon of gasoline, diesel tends to have higher margins. With inflation changing everything else, our lowest margins are now .25-.30 range, business seasons can see .40+cent margins on fuel. One thing is for certain, even with the onset of electric vehicles, the petroleum based fleet will be around for many years to come.

Just do the necessary research, study and analyze before making any investment decisions.

I will advice everyone who is into cryptos to Stick with ETH and BTC as much as you can guys,especially with the current rise in price, If everyone sells when it starts to fall, which at one point it will, the dream may be lost because of it being too volatile for companies to get behind.

i’m so glad i live in a small town where i ride my bike everywhere. however to get to the city it’s a 4 hour drive, but i don’t really need to unless i’m doing something large or moving something with my truck. even then, it still gets ~20mpg and, as an ag town, diesel is cheaper than gasoline so i’m paying less for more fuel economy and i hardly drive at all:) it’s pretty sweet

So many reasons not to live in California: high gas prices, extra taxes, mandates, high real estate, etc.

Me being in Texas & complaining about the price of gas 😭

LETS GO BRANDON!!

I switched to an electric car a year ago. Ever since, I have never even thought about gas prices. It's glorious. Try it out if you can.

Gas in the US is dirt cheap compared to other countries. In the Netherlands we pay €1,98 per Litre= $8,72 a gallon!

Here in Brazil, fuel the car is a luxury nowadays. The prices are rising every week. Our fuel is overtaxed, we don’t have capacity to produce all fuel that we need, so we need to import gasoline. Furthermore, our currency has devalued, so we are paying more the one year ago.

I have paid $10 to run my EV since I bought it in late June 2021. Mostly free charging at work and malls. Why people keep buying SUVs and Pickup Trucks with single digit MPGs is beyond comprehension.

I worked at a gas station in the early 70’s. The gas prices were 39.9 a gallon when I started working and increased to 49.9 when I left in the mid 70’s in Virginia.

NICE VIDEO !!! Very engaging from the beginning to the END.Nevertheless business and investment are the best way to make money irrespective of which party make it to the Oval Office.

Let's GO Brandon.

Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today.

@2:45 lulz "omg west coast has earthquakes, texas and FL have none" lets totally ignore hurricanes, tornados, flooding, etc...

In March of 2021, Californians were paying about $1.19/gallon purely in taxes and fees. I can only imagine how much we are paying now with gas prices around $6 per gallon. I just spent $92 to fill up my mid-sized sedan...at Costco.

the most expensive gas price in us is comparatively cheap when you convert it to liter

Nice report - with a LOT of detail. While I don't like the fact that I'm paying a whopping $1.70 more per gallon (September 2021) than a friend on the east coast, at least I now have some perspective on why. MAPS: 2:16 5 gas distribution regions, 2:45 seismic risk, 6:29 Gas prices, 6:36 Gas taxes, Other info: 7:05 Nelson complexity index, 8:04 Alaska Exception, 8:52 2020 Gas demand dip

8:40 This is the most silly thing I have seen people do to get cheaper gasoline. Don’t they know their idling car is burning fuel while they wait in line? Don’t they know they are probably burning more money idling their cars than if they had just bought gas elsewhere for just a few cents more per gallon.

LOL, just saw this... CA average $4.80 a gallon. Today 10/15/22 its $6.53! crazy

We need to tell them to lower the prices Right now. Even if it doesn't work that way. This is cruel and unacceptable

Americans wanted to pay higher prices for gasoline and oil. That's why they elected Brandon, who promise to implement the New Green Deal!! So, enjoy the high gas prices and inflation; you voted for it!!!

My solution is grocery shopping in bulk once a month and working from home , I won’t be spending anymore money on travel , eating out , entertainment , ordering food and online shopping .Sticking to minimal basics.

I rather pump gas when is slow and no traffic... this era of time people fight due to skip or any issue of someone pumping "slow" due to machine... So yea the cost is koo but Traffic should be #1 to be aafe from a fight and creating a bad day ...

I am so glad I bought a Tesla. I didn't even notice the gas prices have risen so much.

What? $ 3.19 a gallon is the nation’s average for gas? That’s a lot ! That’s a lot! I’m glad I drive an EV and don’t pay attention to this fuel problem.

We need more refineries, more battery manufacturers, new fabs, new bridges, better roads ..... we need that infrastructure bill very badly.

Tesla EV future.

I love that there's official english subtitles. Thank you editor(s)!

BIDEN: I DID THAT!!!!😈🤣🤣

Because of the economic crisis and the rate of unemployment now is the best time to invest and make money 💯

Welcome from Australia , we buy 4.7 litres to make a gallon , 1 litre cost us around 1.98 , do the maths

The cheapest gas I ever bought was .559 back in 1986. When it hit 1 dollar everyone couldn't believe it lol

Marketing? Why do you need to spend so much money on marketing? Either you need the product and you buy it or you don't. It's not a luxury good

So cheap. Here in Singapore. We pay $2.60 USD per litres. U pay in gallons. 1 gallons is 3.74 litres. And you complain too much. Amercians

I think this pandemic has tought people the importance of multiple streams of income, unfortunately having a job doesn’t mean security rather having different investment is the real deal.

Expensive gasoline? I went through my gas receipts and added them up for the year so far. I've spent $8.97 on gas for my Honda Clarity. Drive it to work 5 days a week.

gas price increased? good now build more public transport

Here in Missouri at the beginning of the pandemic (May 2020), I filled my 17-gallon tank for 17$!! you do the math.

My teacher said today that America is the largest producer of oil in the world that more oil comes from our soil than any where else in the world! Is this true? Please help me understand if this is true!

Did you hear about the guy who swapped the labels on the pumps at the gas station? It was an April Fuels joke.

The cost of blocking pipelines. What did you expect?

When oil price was in Negative territory, we never seen that price somewhat reflected at the pump. The price never went down, not even a few pennies, why???

Are people really that oblivious they dont know why prices are different across the country. #firstworldStupidity

An investment in knowledge pays the best interest.

Man i miss TRUMP... already sick of biden...

Here in Canada we pay $5.50 to $6.00 a gallon and fueling 250 to 500 gallon boats.😔😒 My F150 alone cost $140 to fill the tank. Can't wait for the 2022 F150. 🙃

Hawaii's gas is cheaper than California; even though they ship gas in from the US Mainland. Let that sink in.

Here in Brazil there is also a lot of variation because of state taxes, but the biggest problem is the recent devaluation of our currency (Real). The dollar has been pressuring and the gas is costing R$7.00 ($1.24) per liter in many regions. In addition, Brazilian fuel has a higher ethanol level than in other countries.

Lets go brandon 😂 call it what it its, biden stop the keystone pipeline line and that brought up the price of oil

For those who are familiar with the metric system: At 0:00: "The average price for a liter of gasoline in the United States is about $0.83. However, that average conceals a pretty wide range of prices across the country." At 0:12: “The state with the cheapest gas is Texas, where on average consumers paid almost $0.74 per liter.” At 0:20: “The most expensive gasoline is found in California with an average price of $1.16.” At 0:26: “In 2019, the U.S. average fuel price was $0.69 per liter.” At 0:44: “A closer look at the cost of a single liter of fuel can be even more revealing.” On screen at 1:19: “Odometer on gas pump: From 11.92 to 14.31 liters” At 4:07: “In the middle of driving season, and basically, overnight gas prices shot up 13 cents to 26.4 cents per liter.” On screen at 5:16: "Gasoline price sign: Regular: $0.755 // Special: $0.782 // Super+: $0.808" On screen at 5:37: "Chevron's Gasoline price sign: Regular: $1.056 // Special & Diesel: $1.093 // Supreme: $1.12" At 6:19: “De Haan: "That adds up to 4 to 5.3 cents a liter"” At 6:28: “California, which has the most expensive gasoline in the country, also has the highest taxes in the country; at an average of 22.5 cents per liter, the national average is closer to 13 cents a liter.” On screen at 7:45: "Shell's Gasoline price sign: Regular: $1.056 & 1.083 // Plus: $1.109 & $1.136 // V-Power: $1.136 & $1.162" Here is a conversion table in metric units: 1 kilometer = 1,000 meters (1 km = 1,000 m) 1 meter = 1,000 millimeters or 100 centimeters (1 m = 1,000 mm = 100 cm) 1 metric ton = 1,000 kilograms (1 t = 1,000 kg) 1 kilogram = 1,000 grams (1 kg = 1,000 g) 1 gram = 1,000 milligrams (1 g = 1,000 mg) 1 cubic kilometer = 1,000,000 cubic meters (1 km^3 = 1,000,000 m) 1 cubic meter = 1,000 liters (1 m^3 = 1,000 L) 1 liter = 1,000 milliliters or 1,000,000 microliters (1 L = 1,000 mL = 1,000,000 μL) 1 square kilometer = 1,000,000 square meters (1 km^3 = 1,000,000 m^2) 1 hectare = 10,000 square meters (1 h = 10,000 m^2) 1 kilometer per hour = 0.2778 meters per second (1 km/h = 0.2778 m/s) 1 meter per second = 3.6 kilometers per hour (1 m/s = 3.6 km/h) 1 liter per 100 kilometers = 100 kilometers per liter (1 L / 100 km = 100 km/L) 1 kilometer per liter = 100 liters per 100 kilometers (1 km/L = 100 L / 100 km) 0 degrees Celsius or 273.15 kelvin is the freezing point of water (0 °C, 273.15 K) 100 degrees Celsius or 373.15 kelvin is the boiling point of water (100 °C, 373.15 K) -273.15 degrees Celsius or 0 kelvin is the lowest possible temperature (-273.15 °C, 0 K) Celsius to Kelvin: (??? °C) + 273.15 = ??? K Kelvin to Celsius: (??? K) - 273.15 = ??? °C Here is a conversion table from U.S. customary units to metric units: 1 mile = 1.609344 kilometers 1 yard = 0.9344 meters or 93.44 centimeters or 934.4 millimeters 1 foot = 0.3048 meters or 30.48 centimeters or 304.8 millimeters 1 inch = 0.0254 meters or 2.54 centimeters or 25.4 millimeters 1 pound = 0.4536 kilograms or 453.6 grams 1 U.S. gallon = 3.785 liters Celsius to Kelvin: (??? °C) + 273.15 = ??? K Kelvin to Celsius: (??? K) - 273.15 = ??? °C Fahrenheit to Celsius: ((??? °F) - 32) * 5 / 9 = ??? °C Celsius to Fahrenheit: ((??? °C) * 9 / 5) + 32 = ??? °F Fahrenheit to Kelvin: ((??? °F) − 32) × 5/9 + 273.15 = ??? K Kelvin to Fahrenheit (??? K − 273.15) × 9/5 + 32 = ??? °F

Because in cali they use to be smogged out in the 70and 80 thats why it so much there

FED monetary policies are insane.

It seems like a bunch of hoopla to me. Great video, but damn is it frustrating to live in California.

A Lady I use to work with at Wellmed corp office. When she didn't like Orange Face, I mentioned how will she like paying $6 a gallon for gas. Her Intelligent reply was..... That is why I have a job.

Just paid $3.49 when I was paying $2.15 to $2.25 a little over a year ago.

Gas prices will soon 🔜 reach $4/gallon like it did in August 2008 when I was 24 going on 25 years old

Greed, gas was negative last year price wise so the system a lie and broken!

Tired of hearing "it's transitory" It takes a lot longer for prices to go back down (if ever) than it took for them to go up...

President Trump said gas prices need to go down for Americans before he was president. FJB for increasing gas prices. All the democrats that voted for him should be ashamed.

Sure would have been nice to have remained energy independent like it was under Trump but Biden decided it was a bad idea

So in European terms an average of 83 cents per litre of fuel😱😱 In ireland the Average nowadays is 1.50 per litre so in American terms around 5.50 per gallon🤣

That's it I'm packing my stuff and moving to Texas, they have some of the best gun laws and now I know cheaper gas I'm outs

The only solution to this crap is an electric vehicle

It is 2021 can you plese start using the metric system so 99% of the world wouldn't have to convert !

The biggest reason for increases in prices is completed omitted from this: GREED. The oil companies are milking as much money as they can from us.

I'm a truck and and it unbelievable what prices are pathetic thank Joe, Let's go BRANDON

YOU and many others have fallen for the Stock broakers trick of thinking YOU are investors. WRONG. One can INVEST when they buy a Companies IPO, after that like 90+ are only traders, which is OK also.YOU are only buying from someone who is selling, period. Investor makes YOU sound more powerful than a trader...

Another Awesome VideO As Always * 💋 ❤ Love your Channel 💙

Like DR Fauci said . “ it’s going to get worse “

Let's go Brandon !

Finna sell my car and just get a bike

Let’s go Brandon 👏 👏 👏

Gas price in Phoenix AZ went up 100% in less than a year

On my way home last Sunday it was $2.72. Was off Monday. Left the house Tuesday morning and it was 3.09

did you see The Netherlands?

Gas companies are the worst. Point-blank.

Joe Biden is to blame 😂😂✋🏼

Until Elon gives me a free cyber truck or I just get some incentive into getting an electric vehicle I'll stick with my Toyota Hilux

I've been driving electric cars for the past 5 years. Gas is becoming a distant memory. Something I did in the old days. I usually charge up overnight when power is cheap, or during the day when it's free (solar). My car is as "full as I want it to be every morning. I drive about 30 miles / day. That uses about 8kWh of power. I pay 15c / !kWh from the grid or solar is free. So at most about $1.20 / day or about $17 for 500 miles. I also have solar and Tesla Powerwalls, so can make most of my own electricity. On the rare occasion the grid isn't available it usually doesn't matter at all. Getting past gas does require some adjustments. It's different. Mostly.....it's better, too.

I love how this video explains the reason for gas prices and then people go on the comments trying to manufacture their bs theories

10 % for the BIG GUY 🎨👨‍🎨