According to the U.S. Energy Information Administration, we have less stock of Gasoline of All Grades in the week ending 07/08/2013 than we did in the week ending 06/03/2013.
Yet the price of gasoline now is approximately $1 per gallon less than it was one month ago here in Michigan.
One of the reasons adduced for the high price back then was problems in various Ohio refineries, which reduced the gasoline inventory.
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