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What Goes Into the Price of Gasoline?

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DailyFeed
It's not hard to find out the price of a barrel of crude oil. But how much of that contributes to the price of a gallon of gas?

Ken Cohen, vice president of public and government affairs for ExxonMobil, explains that it comes in at about 71%.

The other 29% covers federal and state taxes and the costs of refining, transportation and marketing.

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