Gas Prices Are TANKING, Here's What That Means for the Economy

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13d ago 18:14

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Wholesale gasoline prices plunged in August to their lowest since the start of the year. This sounds like a positive, both for consumers as well as Fed policymakers and the disinflationary impact on consumer prices. But refinery margins have crashed to their lowest in three and a half years which instead points to more and bigger trouble.

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CNBC Oil prices ease on US gasoline demand worries, economic data
https://www.cnbc.com/2024/05/29/oil-rises-as-major-producers-expected-to-keep-output-cuts-in-place.html

The Globe & Mail Crude Prices Fall on Energy Demand Concerns and Increased Russian Crude Exports

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