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High Gas Prices Hit Demand as Drivers Cut Back at the Pump

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wsj.com

American drivers are starting to buy less gasoline as they feel the economic burden of record prices that continue to hover near $5 a gallon.In the first full week of June, gasoline sales at U.S.

stations were down about 8.2% compared with the same week last year—the 14th consecutive week that sales have lagged behind 2021 levels, according to surveys by energy-data provider OPIS.

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