U.S. gasoline prices are now lower than they were at this time last year, and the national average could drop to below $3 per gallon by Christmas. Higher-than-usual refinery utilization rates are key contributors to the drop in gasoline prices as refiners have operated at near capacity since the September-October maintenance season.
Refiners, which were blamed this summer and autumn by the Biden Administration for failing to “pass on savings to the pump”, “war profiteering,” and “market gauging”,…Why U.S. Gasoline Prices Are Falling Towards $3
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