As Gas Prices Fall for 7th Straight Week, Many Wonder if Trend Will Last

Headline Roundup August 2nd, 2022

The national average for a gallon of gas has ticked down 14 cents to $4.19according to the AAA.

This marks the seventh consecutive week where the nation’s average gas price has declined since the record high of $5.16 in mid-June. As of Tuesday, the average price for a gallon of unleaded gas has dropped below $4 in 19 states. While gas prices are declining earlier than some anticipated, several energy analysts have warned that gas prices could soar again in the fall before November's midterm elections. Survey data has shown that about two-thirds (64%) of U.S. adults have changed their driving or lifestyle habits to combat inflated gas prices. AAA spokesperson Andrew Gross on Monday suggested that the swift price drop could spark a surge in demand, which would subsequently raise rates once again. President Joe Biden has blamed Putin's ongoing invasion of Ukraine and Big Oil companies for fueling inflated gas prices. The White House has combatted high energy prices by releasing oil from the U.S. Strategic Petroleum Reserve, which fell by 4.6 million barrels last week to its lowest level since May 1985.

Left-rated coverage has accentuated that the falling gas prices show how Biden's "program is working" and could potentially "blunt Republican campaign attacks." Some right-rated outlets pushed back against the Biden officials that "took credit" for the recent decline in gas prices while many states "still face near-record levels."

From the Right

The price of gasoline fell for a seventh consecutive week, providing Americans with some relief at the pump, but experts have warned that prices could rise above $5 again this summer amid fears of a recession.

According to the American Automobile Association (AAA), the national average for a gallon of gas fell on Aug. 1 to $4.21, down 14 cents since the week before.

However, Californians are still paying the highest average price of $5.60 a gallon, while the average cost in the Los Angeles area is $5.70, although that is still 17 cents...

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From the Center

The average price for a gallon of unleaded on Tuesday is less than $4 in 11 states, according to AAA, and within a penny of that threshold in another five. 

The states -- Alabama, Arkansas, Georgia, Kentucky, Louisiana, Mississippi, Missouri, Oklahoma, South Carolina, Tennessee and Texas -- are almost all in the South. Texas is offering the cheapest, at an average of $3.83 a gallon.

The nationwide average is considerably higher -- $4.33 a gallon -- but still a healthy distance from the all-time high of $5.02, reached on June 14. ...

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From the Left

Gas prices continue to drop across the country from the historic highs they reached earlier this year.

AAA reports the national average for a gallon of gas on Monday fell to $4.21, down 14 cents since last week. GasBuddy reports the average is even lower, at $4.17.

California still clocked in with the highest average price, $5.60 a gallon, with the average in the Los Angeles area at $5.70 — still 17 cents cheaper than the previous week, AAA reported.

This week marks the seventh week in a row gas prices have fallen since the...

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