Gasoline prices are on the rise, climbing nearly $0.30/gallon since the beginning of the year. What you may not realize is that this price rise happens nearly every year. In fact, if we look back to 2000, the only time gasoline prices didn’t climb between January and May was in 2020 — when the COVID-19 pandemic collapsed oil prices.
In the fall, the reverse happens. Nearly every year between August and December gasoline prices decline. People tend to notice this during election years, convinced that politicians are manipulating gasoline…Why Do Gasoline Prices Rise in Spring?
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