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Opinion: Gas prices are headed to 6 by Labor Day – here are the main reasons why

Posted on June 20, 2022 By admin No Comments on Opinion: Gas prices are headed to 6 by Labor Day – here are the main reasons why
Opinion: Gas prices are headed to 6 by Labor Day – here are the main reasons why

President Biden’s recent letter to refiners to complain of high gasoline prices is the only positive action he can take on behalf of consumers. But it won’t keep the average price at the pump in the US from climbing another dollar by September and topping 6. Here’s why: shrinking US refining capacity even as oil…

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