![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?
![Nikos Tsafos on Twitter: "European gas prices jumped 31%. Gas now costs $225 per barrel of oil equivalent, more than twice as much as crude oil (around $100/bbl). The prospect of a Nikos Tsafos on Twitter: "European gas prices jumped 31%. Gas now costs $225 per barrel of oil equivalent, more than twice as much as crude oil (around $100/bbl). The prospect of a](https://pbs.twimg.com/media/FMZEpATXwAUlzpv.png:large)
Nikos Tsafos on Twitter: "European gas prices jumped 31%. Gas now costs $225 per barrel of oil equivalent, more than twice as much as crude oil (around $100/bbl). The prospect of a
![Kamala Harris on Twitter: "Oil prices are decreasing, gas prices should too. Oil companies should not try to pad their profits at the expense of hardworking Americans. https://t.co/lPtRFoW629" / Twitter Kamala Harris on Twitter: "Oil prices are decreasing, gas prices should too. Oil companies should not try to pad their profits at the expense of hardworking Americans. https://t.co/lPtRFoW629" / Twitter](https://pbs.twimg.com/media/FOFZOAGWUAAxi4d.png)
Kamala Harris on Twitter: "Oil prices are decreasing, gas prices should too. Oil companies should not try to pad their profits at the expense of hardworking Americans. https://t.co/lPtRFoW629" / Twitter
President Biden on Twitter: "Oil prices have come down 20% from June highs, but prices at the pump have only come down half as much. That's unacceptable. It's time for oil and
![Set Drop in Crude Oil Price, Motor Gas Gauge, Barrel, Propane Tank, Petrol Gas Station, Oil Drop, and Increase Icon Stock Vector - Illustration of tank, vector: 226786515 Set Drop in Crude Oil Price, Motor Gas Gauge, Barrel, Propane Tank, Petrol Gas Station, Oil Drop, and Increase Icon Stock Vector - Illustration of tank, vector: 226786515](https://thumbs.dreamstime.com/z/set-drop-crude-oil-price-motor-gas-gauge-barrel-propane-tank-petrol-station-increase-icon-vector-226786515.jpg)
Set Drop in Crude Oil Price, Motor Gas Gauge, Barrel, Propane Tank, Petrol Gas Station, Oil Drop, and Increase Icon Stock Vector - Illustration of tank, vector: 226786515
![President Biden on Twitter: "Oil prices are decreasing, gas prices should too. Last time oil was $96 a barrel, gas was $3.62 a gallon. Now it's $4.31. Oil and gas companies shouldn't President Biden on Twitter: "Oil prices are decreasing, gas prices should too. Last time oil was $96 a barrel, gas was $3.62 a gallon. Now it's $4.31. Oil and gas companies shouldn't](https://pbs.twimg.com/media/FN-LMExWUAA-uzC.png:large)