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Why is gasoline so cheap recently, but crude is still expensive?


muscleman
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Muscleman,

 

What was the price of Brent, versus now, back when gas was 3.90 in your area? If Brent is now lower, that is likely part of it, as WTI is not a good barometer of gas prices because it is landlocked. Also, it's a seasonally weaker time for gas demand as the summer months wind down.

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