Gasoline Prices Expected To Decline Through Early July

Through June 20, the Energy Information Administration reported the sixth weekly decline in the U.S. average retail gasoline price, with lower wholesale costs through the week-ended June 24 set to extend that trend for a seventh week, according to Convenience Store Decisions. Moreover, a recent release of emergency oil reserves will continue to apply price pressure to wholesale costs in early July despite July 4th holiday travel.

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