Trending Now
We have updated our Privacy Policy and Terms of Use for Eurasia Group and its affiliates, including GZERO Media, to clarify the types of data we collect, how we collect it, how we use data and with whom we share data. By using our website you consent to our Terms and Conditions and Privacy Policy, including the transfer of your personal data to the United States from your country of residence, and our use of cookies described in our Cookie Policy.
US gas prices are hitting record levels due to a combination of Russia's war in Ukraine, supply chain snarls linked to China’s zero-COVID policy, and high demand coupled with low supply. Americans are not amused, and some are directing their anger at President Joe Biden, who's pulling every trick in the book to try to bring down oil prices. The thing is, crude is not the only thing you pay for at the pump. We take a look at the breakdown.