Gas prices are falling, but not everyone is convinced the downward trend will continue. See potential bias and similarities in coverage from CNNBusiness, FoxBusiness, and MarketWatch:
stated that “increasing supply and lower gasoline demand is pushing pump prices lower. As demand remains low and stocks grow, drivers will likely continue to see pump prices decrease through next week.” MarketWatch credited the price decline to a lower demand for car fuel in the winter months and falling crude-oil prices.
An opinion piece in the Washington Post warned that rapidly falling prices could be a harbinger of an upcoming recession, writing that “part of the reason oil prices have been sliding lately is that markets are again worried about diminishing demand.”An article in CNN Business warned the decline may not last, citing the rise in energy company stock prices as proof of the price decrease being a temporary anomaly.
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