Before this week’s small decline, U.S. gasoline prices had increased for 17 consecutive weeks—the longest streak of rising national average gasoline prices since 1994, according to EIA’s surveys. As of Monday, March 29, the U.S. regular retail gasoline prices averaged $2.85 per gallon, when it dropped two cents compared to the previous week for the first weekly decline since November 2020. It was in November that crude oil prices started to rise following the first good news about vaccine candidates. Prices have increased through…
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