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August 10, 2022
Why are Houston Gas Prices Dropping?

Seasonal factors are in part behind the decline in gas prices, said Michelle Michot Foss, fellow in energy, minerals and materials. "Prices tend to fall starting about mid-summer anyway," she said. She also explained that falling crude oil prices play a part: "Whatever you pay per barrel of oil plus a dollar and change to push it through a refinery is what you'll see at the gasoline pump."

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