While exports surged, domestic stocks of crude oil, gasoline, and diesel fell sharply. Before the war began in the Middle East, which closed the Strait of Hormuz to most ship traffic, global oil and motor fuels markets were awash in supply. #gas #prices #oil
“We impose a motor fuel tax across the state that was adjusted six years ago, seven years ago now, in 2019, but then we impose a sales tax on top of that motor fuel tax,” Spain said. #tax #gas