What's the Driving Force Behind the Price You Pay at the Pump?

By Scott Sarvay

June 9, 2011 Updated Jun 9, 2011 at 6:03 PM EDT

FORT WAYNE, Ind. (Indiana’s NewsCenter) - As the price of a barrel of oil continues to fluctuate around the $100 mark, a gallon of gasoline may end up costing you just under four dollars a gallon. But you may be wonder why nothing is being done to ease your pain at the pump.

The Senior Economic Advisor for the American Petroleum Institute was in Fort Wayne Thursday says the answer is simple.

Rayola Dougher says, “Politics! there's environmental review for three years or more. Administrations both Republican and Democrat have for decades placed areas off-limits for development, off shore and elsewhere. If we don't develop these resources we'll end up being more dependant on less reliable sources than what we could get here at home."

Dougher adds that the state gas tax in Indiana is one of the highest in the country, which adds to the price at the pump.




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