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Gasoline prices have really spiked these last few weeks and will keep on rising because the United States does not have sufficient refinery capacity to make the gasoline and diesel we need.
And the refineries we have are old and keep shutting down. Or blowing up.
This Spring has seen unusually high prices at the pump. Over 10% nationally, but in some areas like California, it’s above $4/gallon.
April 23, 2024
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