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Gas Prices in the U.S. Fall Below $4 a Gallon

Posted on AllSides August 11th, 2022
From The Left
Economy and Jobs, Gas Prices, Energy
Gabby Jones for The New York Times

Gas prices in the United States fell below $4 a gallon on Thursday, retreating to their lowest level since March, a drop that has brought relief to Americans struggling with the skyrocketing cost of everything from groceries to rent.

The national average cost of a gallon of regular gasoline now stands at $3.99, according to AAA, after 58 consecutive daily declines. That’s higher than it was a year ago but still well below a peak of nearly $5.02 in mid-June. Energy costs feed into broad measures of inflation, so the drop is...

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https://www.nytimes.com/2022/08/11/business/gas-prices-4-a-gallon.html

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