Callum Turcan
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Callum Turcan in Oil & Gas Investing,

Thank Surging US Oil Production For Cheap Gasoline Prices This Labor Day Weekend

Source: EIA

Largely due to the world currently being awash in crude [aided by hydraulic fracturing techniques helping boost US oil output from 5 million bo/d in 2005 to ~9.3 million bo/d as of June 2015], Americans get to take advantage of the cheapest gasoline prices in 11 years during this Labor Day weekend. Enjoy! 

Source: EIA