Why Gasoline Prices Fall Almost Every Year Between August and November ...Middle East

OILPRICE - Economy
Why Gasoline Prices Fall Almost Every Year Between August and November
source : OILPRICE ( Middle East ) () 22
Gasoline prices are on the way down, and I am seeing a lot of chatter from people who are convinced this is political. After all, we are headed into an election year, and lower gasoline prices certainly help politicians get reelected. But that’s not why prices are falling. Right now, oil prices are falling, and that certainly helps. The underlying price of oil is the single largest factor that drives gasoline prices, but there is a seasonal factor behind the changes in gasoline prices. In fact, gasoline prices fall almost every year between…

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