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President Donald Trump is involved in a new project about gas prices in the USA. This project is called the “Freedom Fuel Network.” It has 25 gas stations that sell cheaper gas.
The price of gas at these stations is $3.47. Some people say this price is still high. The stations are lowering the price but are losing money. Industryexperts say they could lose 20 to 50 cents for each gallon of gas they sell. This is not a normal way to run a business.
The White House says that the Freedom Fuel Network is a private company, not a government program. They claim it is helping people in Pennsylvania and New Jersey. But experts question how long this can last if the stations keep losing money.
Each of the 25 stations could lose around $250,000 a month. It is unclear who is paying for the price drops. Many think this plan might not work.
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Vocabulary List:
6 words · tap to reveal
ON
Accent
involved/ɪnˈvɑlvd/adjective
taking part in an activity or event
industry/ˈɪndəstri/noun
business area that makes related products or services