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The Nexus
POLITICSAug 4 · 11:00 UTCTHE ATLANTICJames Surowiecki

Get Used to High Gas Prices

Donald Trump's decision to go to war with Iran in February caused gas prices to rise above $3.50 per gallon, with prices recently exceeding $4 a gallon after the conflict resumed. Even if a cease-fire occurs, low oil reserves, reduced refining capacity, and a widened crack spread will keep gas prices high through November, harming Trump's approval and Republican midterm prospects.

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