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Gas prices fall as OPEC+ increases oil output

Summary by Business Daily
In Washington, D.C., the national average for gas prices has decreased by three cents to $3.15 amid a reduction in demand between spring and summer travel seasons. The Organization of the Petroleum Exporting Countries (OPEC+) announced plans to increase oil output in June, potentially expanding the supply surplus and leading to further declines in crude prices. This development could result in lower costs for road travelers during the summer mon…

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Idaho Business Review broke the news in on Wednesday, May 7, 2025.
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