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Saturday, 25 June 2016

U.S. refiners would struggle to fix prices

Crack down

Not for the first time, politicians are accusing refiners of colluding to push up pump prices. If refiners conspired, they have done a lousy job. Margins have been wafer thin until recently, making up 2 cents on a $4 gallon of gasoline. The blame for rising prices lies elsewhere.

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