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Falling Gas Prices

Gasoline prices have dropped 17¢ in the past two weeks. That's a lot, and in a hurry.

Which is this evidence of?

  • Increasing supply and/or decreasing demand
  • The collapse of the gasoline cartel
  • A fake-out by the gasoline cartel to reduce political pressure

For extra credit:

  • Why did this happen last year, too?

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