The Evolution of U.S. Gas Prices: Historical Patterns and Influences Gas prices have fluctuated significantly over time due to global events. For instance, in 2022, national averages spiked amid supply disruptions, with California hitting record highs over $6. In contrast, Midwest states like Iowa often benefit from proximity to refineries. Processes involve crude oil extraction, refining, and distribution, where international markets play a key role. Exploring these trends reveals how economic
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