If the resurgence of inflation is represented by the cost of any one product in the mind of the consumer, it’s gasoline. The media and some politicians point to the “greedy oil companies”….which, if true, makes one wonder why the oil companies aren’t greedy all the time?
Do you really know what goes into a gallon of gas? This graphic from visual capitalist breaks down what goes into your tank and provides some insight into how much of that cost is truly under the control of the oil giants. Check out “What Key Factors Influence Gas Prices?”
