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How crude-oil prices influence gasoline prices

  • Green Car Congress faviconGreen Car Congress

    By mmillikinMay 30, 2018, 1:36 pm93 pts
    by Michael Sivak. Gasoline is one of the products refined from crude oil. Thus, the price of crude oil should have a strong influence on the price of gasoline. However, the retail price of gasoline includes other costs as well. The Energy Information Administration (EIA) estimates that in the United States from…
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