What if gas prices were

Responsible credit card usage can reap rewards at the gas pump, too. Some credit cards have specific spending categories with high-percentage cash back amounts, including gas. Be sure to pay off your credit card balance in full each month to avoid extra costs to cover interest.

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But a lot has changed in the oil markets since March , when the pandemic began taking its toll on the economy. It took more than a year for demand to come back to normal levels. At the same time, less oil is being produced. It remains to be seen where oil prices will head over the next few months. Maintenance for this website is scheduled from Nov 5 to Nov Parts of the website may be unavailable during this time. We apologize for any inconvenience.

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So, the price you pay at the pump depends on the supply in the market, which is in the hands of OPEC. Why did gas prices go up last week? Every Make. Every Year. Every Color. Search by Payment Custom Search. Swag On! What affects the demand of crude oil?