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CL.1
Market Watch
210 days

Trump promised to lower gas prices — but his tariffs could help raise them instead - MarketWatch

1. Gasoline prices may rise 25 to 75 cents this spring due to seasonality. 2. Tariffs on Canada and Mexico could further increase gasoline prices unpredictably. 3. Refilling the Strategic Petroleum Reserve could significantly impact oil prices. 4. Oil companies prioritize dividends over increased production despite political pressure. 5. U.S. oil production is high, contradicting the notion of an energy emergency.

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FAQ

Why Bullish?

Seasonal price increases and tariff uncertainties may elevate gasoline costs, supporting CL.1's price.

How important is it?

With several factors influencing gasoline prices, the relevance to CL.1 prices is notable.

Why Short Term?

Immediate seasonal trends may drive prices, while tariffs influence short-term expectations.

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