“Global crude oil demand is increasing, particularly in places like China” DemandChinaOilCrudeCrude Oil Author:Gary Miller
“In 1973, America imported 30 percent of its crude oil needs. Today, that number has doubled to more than 60 percent. Gas prices are as high as they are now in part because we've had no comprehensive national energy policy for the past few decades” NeedsTodayAmericaPastEnergyNumbersPolicyPercentOilDecadesGasComprehensiveCrudeEnergy PolicyGas PricesCrude Oil Author:Gary Miller
“A variety of factors contribute to the price of gasoline in the United States. These factors include worldwide supply, demand and competition for crude oil, taxes, regional differences in access to gasoline supplies and environmental regulations” StatesDifferencesUnitedUnited StatesDemandTaxesCompetitionEnvironmentalOilAccessFactorsVarietyRegulationSuppliesCrudeGasolineCrude Oil Author:Gary Miller
“Energy companies, such as Chevron and Shell, and oil producing countries, such as Kuwait and Venezuela, pump crude oil from their vast land holdings and sell it on the world market” WorldCountryEnergyCompanyLandSellsOilShellsCrudePumpsVenezuelaKuwaitCrude Oil Author:Gary Miller