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Story summary
- Oil prices fell after weeks of conflict in the Persian Gulf, but gasoline prices are expected to decline more slowly.
- Alex Weatherall, a gas station owner in Sherborn, Massachusetts, said wholesale gasoline prices rose from $2.398 to $3.347 per gallon.
- He raised his retail price from $2.899 to $3.879 and said rising costs and credit card fees strain profits while stations keep higher prices during declines.
