Here's why gas prices are sinking
Posted on AllSides August 4th, 2022
From The Left
ANALYSIS
Prices at the pump continue to sink, providing relief to inflation-weary consumers and an economy mired in a slowdown.
The national average for regular gasoline dropped three cents to $4.16 a gallon on Wednesday, according to AAA. That marks the 50th consecutive day of falling prices.
Gas prices have tumbled by 86 cents since hitting a record average high of $5.02 on June 14. Over the past month alone the national average is down by 65 cents.
Nineteen states have average gas prices below $4, including Ohio, Iowa and Wisconsin, according to AAA....
