[Mr Ramsbotham]

So how come gas prices are so high?

They're a buck seventy-nine in central Delaware. That's less in real terms than I paid in 1969.

Don't forget, no matter how low the price of oil gets, gasoline still costs money for refining and transportation, not to mention the profit on selling it.

[Romulus]

And taxes.

[stremba]

Don’t forget that taxes make up a fairly large share of gasoline prices in many states. Of course that’s in addition to the refining and transportation costs you mentioned.