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Wizard01475 t1_iv2yghv wrote

Reply to comment by wingfield65 in What factors contribute to gas prices? [OC] by USAFacts_Official

So the increase cost in crude is identified both in the cost for crude and for refining it?

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wingfield65 t1_iv2z6nq wrote

yes - when price of oil goes up the cost for a refinery goes up for both feedstock and cost of refining. cost of refining will go up because utility costs go up.

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