Who is the main person that sets the price of gasoline?

Question

I want to know the main person like person name If there are many of them then tell me some names

Answer 1

if you go to the political section you will see that it is president bush. Its called opec and they are the ones that set the prices or lower production to screw us regularly

Answer 2

OPEC does their best to try to set the price of oil itself, but there are quite a few large players that aren't members (such as Russia) and the way many of the OPEC member states have long-standing grudges against each other means often one country will try to hurt the others by cutting their prices. After all, we're talking about a group of countries that includes Iran, Iraq, Kuwait, Saudi Arabia, and Libya - it seems as if a shooting war breaks out between at least one pair of OPEC member states each decade.

Then, the refineries buy the oil and refine it into gasoline, so they decide how much they'll charge for their work.

Next, government decides how much they'll tax it. This can sometimes make a huge difference - it's why gasoline in Europe is two or three times as expensive in the United States.

And finally, the local gas station decides how much they will mark up the gasoline they've bought and they pay taxes on.

Answer 3

If you want names, go to the local gas station and ask who the owner is. The only thing set in stone in the price of gas is the tax you pay on it.

Answer 4

OPEC. if anybody tells you george bush or congress or the american oil companies, theyre full of it.