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....

Read full story

CNN Business

AllSides Media Bias Rating: Lean Left
AllSides Media Bias Rating: Lean Left
107928/84795
See full bias rating for CNN Business
Learn about media bias
https://www.cnn.com/2022/08/03/energy/gas-price-decline/index.html

More News about Energy from the Left, Center and Right

From the Left

From the Center

From the Right