Across the US, the price of gasoline increases during the Spring and Summer months, but then decreases

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Across the US, the price of gasoline increases during the Spring and Summer months, but then decreases during the Fall and Winter months.

A) Please provide a demand-supply explanation for these price movements

B) Please provide a supply-side explanation for these price movements.

C) What piece of information would help you to determine which factor played a more significant role?

Posted Date: Jun 14, 2024 01:18 AM

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Across the US, the price of gasoline increases during the Spring and Summer months, but then decreases

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