Fuel Prices in US Rising Faster Than Crude Amid Increased Exports to Europe

Fuel Prices in US Rising Faster Than Crude Amid Increased Exports to Europe
A gasoline pump sits in a holder at an Exxon gas station in Washington, D.C., on March 13, 2022. Stefani Reynolds/AFP via Getty Images
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The price of fuel across the United States surged faster than crude oil prices in the last month, leaving Americans still paying more at the pump.

The skyrocketing price of fuel comes as the United States has shipped more refined products like gasoline, diesel, and fuel oil, abroad to supply European markets following Russian President Vladimir Putin’s invasion of Ukraine in February, further tightening the market.

Katabella Roberts
Katabella Roberts
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Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
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