Gas Prices versus Oil Prices?

I know this question may seem kind of dumb, but can someone explain to me the connection between gas prices and oil prices? I know that gasoline price rises as oil price rises, but why? What does buying gas has anything to do with oil?Gas Prices versus Oil Prices?
Gas prices rise as oil prices rise because gasoline is just refined oil. As the price of oil rises, gasoline becomes more expensive to make, and this makes gasoline cost more for us.





There are other factors that go into the price of gas as well. For example, each state has different taxes for gasoline. Also, oil companies employ something called ';regional pricing'; which is while gasoline is usually more expensive in more affluent areas.Gas Prices versus Oil Prices?
';As the price of oil rises, gasoline becomes more expensive to make, and this makes gasoline cost more for us.'; Dude! That is so false! The price of gas has little to do with the price of oil and more to do with the speculation(FEAR) of oil supplies. Look at the price of oil today versus 1 year ago. Report Abuse

gasoline is a product that is made from refined crude oil as the cost of oil rises there is direct rise in gasoline. Other factors that raise the price of gasoline are demand and the lack of refineries in the United States.

biore blackheads