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SUPPLY AND DEMAND RESPONSES TO GASOLINE PRICES

The summer driving season has begun, and as of May 29, the national average price of gasoline had fallen by 2.5¢ per gallon versus the previous week, to .87.

Source: http://www.ftc.gov/rss/text/gascolumn.xml

 


Gasoline or petrol is a petroleum-derived liquid mixture consisting mostly of hydrocarbons and enhanced with benzene or iso-octane to increase octane ratings, used as fuel in internal combustion engines.

GASOLINE NEWS