The UK shipped 1.85 million barrels of gasoline and gasoline blending components to the United States in May, the highest monthly exports of those products since December 2021, Bloomberg News' Julian Lee reports, citing data from shipping analytics company Vortexa. On the face of it, the flow of gasoline from the UK to the U.
S. looks counterintuitive to market forces as UK gasoline prices are $3 a gallon higher than the gasoline prices in America. But gasoline in the UK is taxed much more than the levies on gasoline in the U.S., that's why…Why Is The UK Sending Gasoline To America As Prices Explode?
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