Rare Summer Relief For Gasoline Prices

Prices may continue to slide in early August and post larger drops after Labor Day — as long as there are no hurricanes that halt production in the Gulf Coast or violence in the Middle East that disrupts crude supplies. Oil rose to $107 per barrel on June 20 and gasoline reached $3.68 a gallon in late June. [...] fears that Iraqi oil exports would be blocked have subsided.

Topics:  august   labor day   gulf coast   middle east   oil   iraqi   june   gasoline   prices   
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