The chart above from GasBuddy
shows retail gas prices and crude oil prices over the last three months. Gas prices have increased by about 7.5% since November from $3.34 to $3.59 per gallon, while crude oil prices have increased by about 9%, from $97.25 to about $106 per barrel over the same period. So there's really no mystery about why gasoline prices have gone up, is there?
And why are oil prices going up? Nancy Pelosi blames
"Wall Street profiteering" and "speculators." (HT: W.C. Varones in the comments)