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Gasoline Price Relief Promised With New Retail Hike Policy
The Cost of Living Council eased fuel ceilings enabling about a third of independent stations to raise prices by up to 14.2 cents per gallon. The policy allows automatic passthrough after November 1 to cover rising wholesale costs, while heat oil and diesel saw limited retail increases. The change aims to curb protests against regulations and reduce price volatility for motorists amid ongoing shortages.
MENTIONED IN THIS ARTICLE
Washington
Cost of Living Council
Charles Binsted
National Congress of Petroleum Retailers
Sorb
Council