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Why this falling fuel price is stoking recession fears even as prime gas-demand season nears

Retail gasoline and diesel prices have declined in recent weeks, and while that’s good news for consumers, diesel’s more rapid descent offers a warning sign when it comes to the economic outlook.

“U.S. manufacturing is in recession, hurting demand for diesel fuel,” said Brian Milne, product manager, editor and analyst at DTN, adding that higher interest rates have also slowed home buying and curtailed construction of new homes.

These…

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