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Will Rising Gasoline Prices Constrain Foodservice Sales?

Written by The Ashton Report

Driven by soaring demand and higher crude oil prices, US gasoline prices continued to rise last week. The Energy Information Administration’s preliminary gasoline demand report, released July 8, reported demand over the July Fourth week and weekend reached 10.4 million barrels/day, the highest weekly level since 1991. Crude oil prices also jumped to their highest…

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