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Why Hurricane Idalia Could Push Down Gas Prices - Barron's

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Why Hurricane Idalia Could Push Down Gas Prices | Barron's

Why Hurricane Idalia Could Push Down Gas Prices

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Hurricanes often damage oil refineries, causing prices of fuels like gasoline to soar. Hurricane Idalia, which made landfall in Florida on Wednesday, looks like it will be an exception. In fact, there’s a chance that the net effect of the hurricane actually will be to drag fuel prices lower.

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