Finimpact

FAQs

Why are natural gas prices so high?

Similar to gas, natural gas is subject to supply and demand. Unique to natural gas is the extreme seasonality, with many in the winter relying on it to heat homes. 

Why are there many different oil prices?

There are many types of crude oil, making a market for different levels and types of oils. Not all oils can be used to make the gas you use for your car.

Why is diesel gas so expensive?

Diesel may require more refined than gasoline, meaning more cost to produce, which is baked into the overall cost of the product. 

About the Author

Kal Salem

Kal Salem

MA Accounting - Arizona State University

A CPA and finance professional working with small businesses to educate owners and grow alongside their businesses. Kal started his career in public accounting supporting SEC, regulatory, and both internal and external audits. He holds a Masters in Accounting and a BS in Supply Chain Management. Owner at Salem CPA...

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