Why are gas prices going up?
By Arial P.
Tennessee, Age 10
Well,that's a very good question.Here are some reasons:
First of all,due to all the hurricanes and tropical storms,they have been destroying and damaging the oil rigs.Oil rigs are the machines that suck the oil out from deep in the Earth.There are about only 100 out of 700 left!
73% is due to crude oil
,6% is due to Refining
,10% is due to Distribution and Marketing
,11% is due to Taxes.