U.S. Gasoline Prices Are Set To Spike This Summer

There is virtually no economic sector on Earth that has not been impacted by the spread of the novel coronavirus, but few have been as thoroughly battered as the global energy industry. As industries and nations shut down around the world, the demand for oil plummeted, taking oil prices down with it, and the energy consumption patterns of the average person changed radically. In China, the nation’s severe shutdowns to contain the spread of COVID-19 curbed so many industrial sectors and took so many vehicles off the road that the novel coronavirus…