Author: Greg Stuessel

Across the United States, the cost of gas has been a hot topic of conversation lately, as prices reach record-breaking highs. The national average now sits at $5.00 per gallon, and by the end of summer, this figure could grow to $6 per gallon, according to estimates by JPMorgan. But, as Visual Capitalist’s Carmen Ang details, before we can have an understanding of what’s happening at the pump, it’s important to first know what key factors influence gasoline prices.