![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?
![Ed Markey on Twitter: "Big Oil is price gouging American drivers. These liars do nothing to make the United States energy independent or stabilize gas prices. It's time we break up with Ed Markey on Twitter: "Big Oil is price gouging American drivers. These liars do nothing to make the United States energy independent or stabilize gas prices. It's time we break up with](https://pbs.twimg.com/media/FOAMu1CXIAoS1yR.jpg:large)
Ed Markey on Twitter: "Big Oil is price gouging American drivers. These liars do nothing to make the United States energy independent or stabilize gas prices. It's time we break up with
![Morgan Bazilian on Twitter: "Gasoline prices have a time lag to oil prices. There have been myriad investigations on price gouging over decades, they rarely bear fruit. This is a political tool Morgan Bazilian on Twitter: "Gasoline prices have a time lag to oil prices. There have been myriad investigations on price gouging over decades, they rarely bear fruit. This is a political tool](https://pbs.twimg.com/media/FN-LMExWUAA-uzC.png)
Morgan Bazilian on Twitter: "Gasoline prices have a time lag to oil prices. There have been myriad investigations on price gouging over decades, they rarely bear fruit. This is a political tool
EIA: US retail diesel prices increase to >$6 per gallon in the Northeast; nearly equal to California - Green Car Congress
![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)