Retail gasoline prices are just 10% below this year’s peak in May, even though West Texas Intermediate is down 26%.

Exxon and Chevron warn of sustained high fuel prices due to the Iran conflict. Crude oil reaching a new all-time high by December 31 at 14.5% YES.

Exxon and Chevron warn of sustained high fuel prices due to refining disruptions. Crude oil reaching a new all-time high by December 31 at 14.5% YES.