U.S. Gasoline Prices Hit 7-Year High
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U.S. gasoline prices are now the highest that they’ve been in seven years, even as the summer driving season has drawn to a close, denting demand for the fuel. U.S. gasoline demand has fallen for the fourth week in a row, but gasoline prices are climbing ever higher, spurred on by the refinery disruptions in the Gulf of Mexico caused by Hurricane Ida. Gasoline Prices Climb To Highest Level Since 2014 According to the Energy Information Administration (EIA), retail gasoline and diesel prices in the United States averaged $3.176…
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