By Gregg Laskoski in the U.S. News & World Report

January 6, 2016

With the national average price of gasoline at $2.00 per gallon, dead even with where it was last week and three cents lower than it was a month ago, most motorists see their current local prices in a favorable light. They know they’re saving a little more with each purchase.

But what many may not have considered is how much of the price of gasoline is made up of taxes, especially when fuel prices trend lower. Let’s take a step back to 2013 to examine the cost of a gallon of gasoline. In January 2013, the Energy Information Administration said that a gallon of gas at $3.32 per gallon had the following breakdown of costs: taxes,13 percent; distribution and marketing, 7 percent; refining, 8 percent; crude oil, 72 percent.

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