EIA explains US gasoline price trendsExcess of US supply over US demand hooks country into world market and world prices, driven by international crude prices Alan Bailey Petroleum News
Hard on the heels of a report by the Government Accounting Office forecasting the likely impact on U.S. oil and fuel prices of lifting the ban on U.S. oil exports, the EIA, or Energy Information Administration, has published a report analyzing the drivers behind U.S. gasoline prices. The GAO report....
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Oil price divergence Increasing competitiveness
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