S&P 5007,572.40▲0.4% Nasdaq26,269.23▲0.6% Dow52,658.64▲0.3% Russell 2K2,976.26▲0.4% 10-Yr4.54%−4bp VIX15.67−0.83 WTI$80.18▲1.1% Gold$4,067.10▲0.1% EUR/USD1.147▲0.8% BTC$64,765▼0.3% Nikkei67,744▲0.7%
At close · Wed, Jul 15, 2026
Daily Market Updates.

Commodities

HomeCommoditiesEnergyGas prices could return to $4, fueling renewed focus o…

Gas prices could return to $4, fueling renewed focus on tax credits

MarketWatch notes that the fuel industry is looking at how taxpayers can qualify for a larger IRS tax break tied to gas prices that may rebound.

Gas prices could move back toward $4, according to fuel-industry experts cited by MarketWatch.

The outlet also highlighted renewed interest in how consumers and other eligible parties can access a larger IRS tax break connected to gas.

MarketWatch framed the potential $4 level as a scenario the industry is watching, with the tax-credit mechanics becoming part of the discussion.

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.