Gas prices are about to spike again as the fuel excise tax cut ends August 3rd, adding 16 cents per liter back to your pump price. Tied to volatile global oil markets and Middle East tensions, the government assures there’s no need to panic — reserves are secure and price gouging will be monitored. While urban drivers may adapt with public transit, rural residents face a heavier blow since driving is often their only option. The government’s stance? No extension — watch this space.
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