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Gas prices can be low due to several factors, including decreased demand, increased supply, and geopolitical stability. Economic downturns or seasonal changes can reduce consumer demand for fuel, while higher production levels from oil-producing countries can lead to oversupply. Additionally, factors such as the release of strategic reserves or reduced taxes can also contribute to lower prices. Overall, a combination of market dynamics and external influences typically drives gas price fluctuations.

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1w ago

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