gas prices
From the Blog
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How Gasoline Price Forecasting Can Benefit Your Business
The price of regular gasoline was about $3.484 per gallon in July, then it reduced to $3.137 in October. You see how fuel prices changed within just 3 months. This small price change can greatly impact a business’s budget, especially when they fuel in bulk. Fuel is the main operating expense in the logistics, transportation,…
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How US Gas Prices Affect the Overall Economy
When we compare today’s gas price of $3.382 per gallon to last year’s $3.868, we see a drop of $0.486, or about 12.6%. Even with this recent drop, gas prices are still unpredictable and have a big impact on the economy. Gasoline is essential not only for transportation but also for agriculture, industries, and businesses…