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No summer vacation for this ETF Add to ...

North American consumers are benefitting from an unexpected treat this summer: lower gasoline prices.
Historically, gasoline prices have moved higher from February to July as the summer driving season approaches. This year gasoline prices moved higher from February, but peaked in the first week in April. Subsequently, wholesale prices have dropped 22 per cent. North American consumers are taking advantage by spending less on gasoline and more on fun events during summer holidays.


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