As President Biden is reminding everyone who will listen, gasoline prices in the United States have been falling for 50 days straight. A debate has been raging over exactly how much demand for gasoline has fallen, but it certainly appears to have been one of the weakest driving seasons ever. Now, as prices fall, the question all analysts are asking themselves is whether demand will bounce back, sending gasoline prices soaring again. President Biden recently boasted on Twitter that gasoline prices in the United States have been falling for 50 days straight, noting this was the fastest decline in a decade. The president added a sort of infographic to his tweet informing us that 50 percent of gas stations sold gasoline for $3.99 or less a gallon. What he forgot to mention was that demand for gasoline has been behaving very unnaturally for this time of year. Standard Chartered […]