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Gasoline prices, spiking and dropping all over the world
The price of gasoline is a major interest to almost everyone in the country and almost everywhere in the world. It seems that every month and sometimes more frequently, gas prices are either spiking or dropping, never staying stable. Gasoline prices are affected by many factors, including the price of crude oil in the world market, supply and demand for gasoline, local market competition, temporary supply interruptions, government regulations, or taxes.
Gasoline is produced by a distillation process where crude oil is heated and fumes are captured and converted into many products such…
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