Oil prices are down about 20% from a multiyear peak in March, but the prices Americans are paying for gas still hover near record levels. Here's a look at what shapes gas prices.
System that turns oil into gasoline is influenced by thousands of oil producers, dozens of refiners and tens of thousands of gas stations
President Biden said in late March that he plans to release as much as 180 million barrels of oil from the U.S. Strategic Petroleum Reserve over the next six months to help tamp down near-record high fuel prices.
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