Refining Gas News Today : Breaking News, Live Updates & Top Stories | Vimarsana

He got him. he said it. secretary said it would. salazar it would go for $10 if they didn't allow drilling. they have gotten doubling of gas prices and perhaps is a conscious policy of this administration. one thing they set out to do and actually accomplished. let's face it. when you lock up vase tracks of land where we know there is oil. when you get shale oil and gas, they got eight agencies regulate it. when you have environmental regulations that are going to raise the price of refining gas and put some of our refineries out of big, guess what? you will get higher gas prices. >> chris: th...

He got him. he said it. secretary said it would. salazar it would go for $10 if they didn't allow drilling. they have gotten doubling of gas prices and perhaps is a conscious policy of this administration. one thing they set out to do and actually accomplished. let's face it. when you lock up vase tracks of land where we know there is oil. when you get shale oil and gas, they got eight agencies regulate it. when you have environmental regulations that are going to raise the price of refining gas and put some of our refineries out of big, guess what? you will get higher gas prices. >> chris: th...

and comedian bill mahre matches his political sympathies with 1 million bucks. we'll tell you who gets the we'll tell you who gets the money. -- captions by vitac -- www.vitac.com we begin first with the increasingly shrill politics of what you're paying at the gas pump. in today's case it's 3 cents a gal more than yesterday. aaa says the national average is just under $3.65 a gal, 12 cents higher than it was at the beginning of the week. this is the 18th straight day gas prices are up. the political blame game moved into high gear during this week's cnn presidential debate when ne...

So, let us know how you did at home. so when we talk about the gas prices, well, you always hear about crude oil prices, but how exactly do crude oil prices affect the price that you pay at the pump? let me break this down for you as well. these figures are all from the energy administration. and let's look at last year's average, 68% of the cost of a gallon of gas went to purchase crude oil. okay. 15% to taxes. 10% to marketing and distribution. and 7% to refining the crude oil into gasoline, so that was 2010. now, look at the average for 2009. look at how much less we were paying for crude o...

Marketing. 7% went to refining crude oil into gasoline. that was 2010. now, look at the average for 2000 to 2009. big difference. look how much less we were paying for crude oil. also check out you the refining cost. yeah. there it is. it was more than double what we pay for refining gas now, and look at the taxes. percentage wise we were actually taxed less today on each gallon of gas than in the last decade. and just to give you an idea of how much we've paid for gasoline in the past -- the national average for a gallon of regular gas hit $4.11 in the summer of 2008. today we are only 28 cen...