Q:

What were fuel rate ranges in 2014?

A:

Quick Answer

In the United States in 2014, the price of gasoline fuel ranged between $2.36 and $3.70. Gasoline prices were at their lowest in December and at their highest in April.

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Full Answer

The price of gasoline is affected by the cost of crude oil, refining costs and profits, distribution and marketing costs and profits, and taxes. Different companies sell different types of gasoline, as well. The varying ingredients in these different types of gasoline are priced differently, which affects the price of the gasoline.

Gasoline prices are generally higher in the summer because of an increased demand. In the winter, gasoline prices are usually lower because people do not drive as much.

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