Weak Economic Outlook Means Relief at the Pump

Weak Economic Outlook Means Relief at the Pump

March 17, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Sluggish demand and concerns about an economic contraction in the U.S. are offsetting any issues with U.S. trade policy to leave retail gasoline prices in check.

Retail gasoline prices are moving lower, along with much of the commodities market. Travel club AAA put the national average at $3.08 for a gallon of regular unleaded gasoline on Friday, about 2.5% below month-ago levels.

Companies featured: Marathon Petroleum Corporation (NYSE:MPC) and BP plc (NYSE:BP)

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