2min chapter

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Breaking down the price of gasoline

Planet Money

CHAPTER

Planet Money Plus Episode 60 - Gas Price Math

gas prices have been falling from the high of about $5 a gallon in June to about $4 a gallon right now. The US has been pulling from its strategic petroleum reserve, taking a million barrels out a day from its secret underground salt domes. White House says that releasing oil from the reserves along with other international partners is lowering gas prices by about 40 cents per gallon.

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