What’s the Outlook for Summer Gasoline? | Presented by CME Group

[Music] Every time you stop to refuel, you might wonder why the price at the pump fluctuates so much. Gasoline prices are influenced by several factors, with crude oil being the biggest component, making up nearly 49% of the cost. Distribution and marketing account for 19%.While refining and taxes each make up 16%. Crude oil is affected by economic conditions, geopolitics, supply and demand, and inventories. For the summer of 2025, the US Energy Information Administration predicts a 9% drop from the last ye ...