The Graphic Truth: What do Americans pay for in a gallon of gas?

The Graphic Truth: What do Americans pay for in a gallon of gas?
Luisa Vieira

US gas prices are hitting record levels due to a combination of Russia's war in Ukraine, supply chain snarls linked to China’s zero-COVID policy, and high demand coupled with low supply. Americans are not amused, and some are directing their anger at President Joe Biden, who's pulling every trick in the book to try to bring down oil prices. The thing is, crude is not the only thing you pay for at the pump. We take a look at the breakdown.

More from GZERO Media

President Emmanual Macron addresses the French nation on Wednesday.
Frederic Petry / Hans Lucas via Reuters

French President Emmanuel Macron has issued one of his strongest warnings yet about growing security threats in Europe, declaring, “Ukraine has become a global conflict.” In a national speech on Wednesday, he urged France and the European Union to accelerate efforts to strengthen military capabilities, even hinting at extending France’s nuclear deterrent to the rest of the EU.

US President Donald Trump gave America’s Big Three automakers a one-month tariff reprieve but expects them to use the time to shift production from Canada and Mexico to the United States. White House Press Secretary Karoline Leavitt announced the temporary exemption Wednesday after Trump held a call with the CEOs of Stellantis, Ford, and GM, at their request. Levitt also made it clear that, as of April 2, reciprocal tariffs will go into effect worldwide.

- YouTube

Is the transatlantic relationship permanently damaged by what we have seen during the last 10 days or so? Carl Bildt, former prime minister of Sweden and co-chair of the European Council on Foreign Relations, shares his perspective on European politics from Stockholm, Sweden.

South Sudan's President Salva Kiir, left, and Riek Machar, shake hands after a meeting in which they reached a deal to form a long-delayed unity government in Juba, South Sudan back in December 2019. How times have changed.

REUTERS/Jok Solomun

South Sudan, the world’s youngest country, could soon devolve into renewed civil war. On Wednesday, soldiers surrounded Vice President Riek Machar’s home in Juba, the capital, following the arrest of key allies, including Petroleum Minister Puot Kang Chol and his bodyguards and family.

A Ukrainian serviceman searches for a target with a US Stinger air defense missile launcher on the front line in the Zaporizhzhia region.
Andriy Andriyenko/SOPA Images via Reuters Connect

The US has cut off intelligence-sharing with Ukraine. The move, which follows an announcement from President Donald Trump that halts US weapons provision to Ukraine’s military, will cripple Ukraine’s ability to monitor Russian troop movements and defend against missile and drone strikes on its cities. Unlike the weapons cutoff, the loss of US intelligence will have immediate battlefield effects.