Are you fed up with high gas prices? According to the media recently the national average price of a gallon of gas is now over in the USA, a new record. Many people now are feeling real financial pain as a result of such high prices, especially those that drive large gas guzzlers or have a long commute.
One common misconception is that it is your local gas station that is profiting from rising gas prices. In fact when gas is extracted from the ground it has a value as low as
Well about
Along the supply chain the oil is generally bought and sold many time. As a result of the recent rises, many more speculators have entered the market. Individuals, banks, gas companies all now are much more actively trading oil and profiting from the rising prices.
So how can you make money from high gas prices?
Well there are several different ways. Your can invest directly in oil future contracts, in gas companies that will certainly be trading those contracts or even in specialist funds that aim to recreate the performance of crude oil prices.
.50 roughly goes in taxes and only a few cents to the gas station. The remainder is profit and costs of the companies that process, refine and transport the oil/gas between extraction and delivery to the gas station..15 which seems unbelievable when you think you pay at the pump. So who is making all of the money? Where does the remaining .85 go?PRICES
Make Money From High Gas Prices
If you would like to know more about investing in oil or learning to trade commodities just follow one of these links.
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