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  • Why much of the country is headed for $4 gas

    04/08/2019 5:25:45 PM PDT · by John W · 91 replies
    nbcnews.com ^ | April 8, 2019 | Martha C. Wright
    A consortium of oil-producing countries has taken more than a million barrels a day off the market — and that’s the least of the problems plaguing American gasoline prices. Across the U.S., regular gas averaged $2.77 a gallon, up 7 cents on the week and 29 cents on the month, according to GasBuddy. Last year, gas prices topped out at $2.98 at the outset of Memorial Day weekend. Oil prices are climbing, but that only accounts for about one-quarter of the recently higher gas prices American drivers have been facing. A bigger issue is that this is around the time...