Saturday, July 26, 2025

‘Colossal Collapse’ in Gasoline Prices Expected Heading into Midterm Elections

From USA TODAY Gasoline prices are expected to plunge sharply in the final days leading up to the midterm elections, potentially nearing $2 per gallon at some stations in low-tax states. The sudden respite at the pump comes from sharply lower oil prices and declining wholesale gasoline prices. Oil Price Information Service analyst Tom Kloza said it could amount to