![Domestic Crude Oil Peaked at $145 a Barrel in 2008. It Closed Yesterday at $118.50. So Why Is Gas at the Pump at All-Time Highs? Domestic Crude Oil Peaked at $145 a Barrel in 2008. It Closed Yesterday at $118.50. So Why Is Gas at the Pump at All-Time Highs?](https://wallstreetonparade.com/wp-content/uploads/2022/06/WTI-Crude-Oil-and-Gasoline-Prices-in-in-2022.jpg)
Domestic Crude Oil Peaked at $145 a Barrel in 2008. It Closed Yesterday at $118.50. So Why Is Gas at the Pump at All-Time Highs?
![So why are gas prices so high? Experts say the biggest factor is globally priced crude oil - CBS New York So why are gas prices so high? Experts say the biggest factor is globally priced crude oil - CBS New York](https://assets3.cbsnewsstatic.com/hub/i/r/2022/06/15/578fc591-462f-4a37-96c3-f6fb3e51f937/thumbnail/1280x720/bd1b99fdbbb143bb9fbf5c256b6eb7a8/2abad40782e26f13246e1e83323f3c52.jpg?v=74b410729cdff54299e4158e8919d920)
So why are gas prices so high? Experts say the biggest factor is globally priced crude oil - CBS New York
![Domestic Crude Oil Peaked at $145 a Barrel in 2008. It Closed Yesterday at $118.50. So Why Is Gas at the Pump at All-Time Highs? Domestic Crude Oil Peaked at $145 a Barrel in 2008. It Closed Yesterday at $118.50. So Why Is Gas at the Pump at All-Time Highs?](https://wallstreetonparade.com/wp-content/uploads/2022/06/WTI-Crude-Oil-and-Gasoline-Prices-in-2008.jpg)
Domestic Crude Oil Peaked at $145 a Barrel in 2008. It Closed Yesterday at $118.50. So Why Is Gas at the Pump at All-Time Highs?
![Infographic] What's In A Barrel? Breaking Down Crude Oil Refined Products | Breakthrough | Strategic Transportation Solution Provider Infographic] What's In A Barrel? Breaking Down Crude Oil Refined Products | Breakthrough | Strategic Transportation Solution Provider](https://images.ctfassets.net/ss5iqdlyydqr/wp201809Refined-Product-Pie-Chart-e1562963801331pn/bc5634ee8858eeca8ecdb777fa42d254/Refined-Product-Pie-Chart-e1562963801331.png?w=600&h=469&q=50&fm=png)