Gas Prices Have Fallen for 24 Straight Days. The Relief Might Only Be Temporary.
Economy And Jobs,Gas Prices,Inflation,Recession,Oil,Transportation,World,Banking And Finance,Federal Reserve,Interest Rates
From the Center
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The price of gasoline in the U.S. has fallen for 24 consecutive days after hitting a record last month. But analysts said prices might rise again if demand from drivers increases and supplies are constrained.
The average cost of a gallon of unleaded gas was $4.72 on Friday. That is down about 6% since prices hit their highest point, $5.02, on June 14, according to data from OPIS, an energy-data and analytics provider.
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