Headline RoundupJune 10th, 2024

Gas Prices Are Falling. Will it Continue?

Summary from the AllSides News Team

Gas prices have fallen for two straight weeks, with the average price now being $3.445 per gallon, according to AAA.

The Context: The biggest decline has been in the Midwest, with an average decline of $0.11 per gallon. Gas one month ago averaged $3.636 per gallon. Gas in June last year was $3.589.

The Details:  Some predict that gas prices will increase again, saying that the compressed levels that refineries are operating at are not sustainable as summer travel and hurricane season pick up.  Yahoo News (Lean Left bias) cited an energy trader who said "over the course of the summer, we're going to see a lift in gas prices, probably closer to that kind of $3.65, $3.70 level."

How the Media Covered It: Outlets on the left and in the center more often covered predictions that gas prices may rise, a shift from the typical left-right media framing on the issue under the Biden administration.

Featured Coverage of this Story

More headline roundups

AllSides Picks

More News about Banking and Finance from the Left, Center and Right

From the Left

From the Center

From the Right