Wednesday, July 15
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Topic: household-budget

A petrol filling station forecourt
Personal Finance
Wednesday, 7/15, 01:25 AM

Why the Oil Spike Could Push Gas Back Toward $4 a Gallon

  • The US average price of gasoline is about $3.87 a gallon and has started ticking back up, just as a crude-oil jump tied to US-Iran tensions threatens to push it higher.
  • Here is how a barrel of oil turns into the number on the pump, and what a move toward $4 would mean for a household budget.

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