Gasoline is the most ubiquitous oil product. The fuel is highly seasonal as prices fall during the winter months and rise when the weather improves, and drivers put more mileage on their automobiles. While the US is now moving away from fossil fuel production and consumption to address climate change, gasoline continues to power the lion’s share of cars. In March 2020, as the global pandemic caused social distancing, forcing many people to remain at home, the gasoline price fell to its lowest level of this century. Nearby NYMEX gasoline futures fell to 37.6 cents per gallon wholesale, a level not seen since early ... (full story)