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The effect of gasoline taxes on work effort even if other taxes are lowered to compensate for the increased price of gas, people still work more. Fe's office of oil & natural gas supports research and policy options to ensure domestic and global supplies of oil and natural gas. Interactive charts showing the components (crude oil, taxes, refining) in a gallon of gas from 2000 through 2014. Analysis of gas price movements and gas price forecasts learn how gas prices are determined and what effect gas prices have on the economy.
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