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The Price of Fuel - Kindersley Social - Local Update, Sports, Events and more
Isn’t the price of fuel… just wow!? I mean, really, why is it SO high? Yes, what’s happening down south with the American government plays a huge factor as far as the supply end of the equation. So the more scarce or less reserves/supply of crude oil there is, constitutes a rise in the price of the processed fuel. Typically, fuel prices are calculated based on four main components: crude oil costs (40 to 55%), taxes (35%), refining costs (10 to …
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The Price of Fuel - Kindersley Social - Local Update, Sports, Events and more
Isn’t the price of fuel… just wow!? I mean, really, why is it SO high? Yes, what’s happening down south with the American government plays a huge factor as far as the supply end of the equation. So the more scarce or less reserves/supply of crude oil there is, constitutes a rise in the price of the processed fuel. Typically, fuel prices are calculated based on four main components: crude oil costs (40 to 55%), taxes (35%), refining costs (10 to …
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