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Published 2 years ago

Gas keeps costing more. Would an emergency oil supply help cut prices?

Summary by The Columbian
WASHINGTON — California gasoline prices are soaring again — up more than a dollar over the last month — and the latest big congressional idea for relief involves creating an emergency oil supply that Washington would tap when prices soar.It’s called the Economic Petroleum Reserve. Experts, however, aren’t enthusiastic, and the plan is unlikely to ease prices anytime soon.“It’s a non-starter,” said Patrick De Haan, head of petroleum analysis for …

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