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Will Trump’s Plan to Lower Gasoline Prices Actually Pay Off?

Markets

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June 7, 2025

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Bloomberg

The plan to lower gasoline prices may not be a great sign of the times. Wood Mackenzie’s Ed Crooks explains why those prices are a barometer of the world economy. Energy Aspects' Amrita Sen says that the outlook for oil refineries looks dismal from 2027 onwards. But what hurt the oil industry, and what will low oil prices do to it? (Source: Bloomberg)

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