Comment on WSJ: Gas Prices ‘Dropping Just In Time For Memorial Day Weekend’

WSJ: Gas Prices ‘Dropping Just In Time For Memorial Day Weekend’

The Wall Street Journal article is behind a paywall but the opening sentence is: “Good news for Americans hitting the road over what could be a record Memorial Day weekend of driving: Prices at the pump are ticking lower again.” The New York Times reports that the drop in gas prices is largely “because forecasters believe that global demand for oil will be weaker this year than previously expected.” Also, “traders’ fears that the war in Gaza would lead to a big disruption in supply of oil from the Middle East have eased.” But the Biden administration played a part, too, by timing the sale of gasoline from a Northeast reserve to the start of the summer driving season.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News