Summer Gas Prices at 10-Year Low

The U.S. should expect to see relatively low gasoline prices throughout the summer. The price of gasoline is never set and at any time could quickly creep back up due to several factors: the global price of crude oil, overseas geopolitical tensions or supply and demand production cuts due to lower prices to name a few. In order for the industry to contribute to overall Gross Domestic Product, job creation and economic growth, policymakers should focus on pragmatic policies, rather than over-regulation, that allow the industry to grow.

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