Gas prices see fastest decline in over a decade, down 83 cents since mid-June.
Gas prices have been extremely volatile this year, with the national average peaking above $5 per gallon in June. However, prices have now fallen for the past seven weeks straight,President Joe Biden today tweeted that the current drop in gas prices is the fastest decline the country has seen in over a decade. The highest recorded average price of a gallon of regular was $5.02 in mid-June, per AAA, which today lists the national average at $4.19 per gallon. That's a difference of 83 cents.
This content is imported from Twitter. You may be able to find the same content in another format, or you may be able to find more information, at their web site.83 cents down and counting since mid-June.While a gallon of regular still exceeds $5 on average in states such as Alaska, California, Hawaii, Oregon, and Nevada, there are 19 states where a gallon is offered for under $4.
“We know that most American drivers have made significant changes in their driving habits to cope with high gas prices,” said AAA spokesperson Andrew Gross. “But with gas below $4 a gallon at nearly half of the gas stations around the country, it’s possible that gas demand could rise."in-depth article on gas-price trendsThis content is imported from {embed-name}. You may be able to find the same content in another format, or you may be able to find more information, at their web site.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gas Prices See Fastest Decline in over a Decade, Down 83 Cents Since Mid-JuneAAA says the national average is currently $4.19 per gallon, and it's $3.77 or less in eight states.
Read more »
Dramatic video shows 83-year-old being airlifted from flooded Kentucky homeNew video shows the dramatic helicopter rescue of an 83-year-old woman whose home was totally submerged in the Kentucky floods that have killed at least 37 people.
Read more »
Gas prices keep dropping according to AAAAAA reports that gas prices have dropped yet again. The average price is now $4.21 per gallon of regular 87 octane gasoline.
Read more »
What Do You Save With Electric Vehicles During High Gas Prices?With high gas prices, what do you really save with an electric vehicle? Hint: It's not just dollars.
Read more »
Americans Are Driving Less Due to High Gas PricesAmericans are changing their driving habits due to higher gas prices, but they aren't actually motivating drivers to switch to EVs.
Read more »
BP reports its earnings tripled from rising gas, oil pricesThe good news for BP shareholders was bad news for consumers as soaring energy prices contribute to the cost-of-living crisis in Britain and around the world.
Read more »