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What’s in the price of a gallon of gas?

  • Written by Robert I. Harris, Assistant Professor of Economics, Georgia Institute of Technology
What’s in the price of a gallon of gas?Gas prices were well over $4 a gallon on April 28, 2026, in Brooklyn, N.Y.Spencer Platt/Getty Images

The U.S. Energy Information Administration expects nationwide retail gasoline prices to average near US$4.30 a gallon for April 2026 – the highest monthly average of the year. The political response has been familiar. Georgia has suspended its...

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