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USA Pump Prices Post Longest Falling Streak Since 2015
Aug. 24, 2022
Source: RIGZONE

USA Pump Prices Post Longest Falling Streak Since 2015

Gasoline prices in the US have fallen for 70 days straight, the longest down streak since January 2015.Pump prices are averaging $3.892 a gallon after reaching a record high of $5.016 a gallon in mid-June, according to auto club AAA. The price drop is a welcome relief for consumers after fuel costs earlier this summer forced many to forgo driving vacations and change their lifestyles. Lower gasoline prices also are expected to slow historic inflation, which has become a major challenge to president Joe Biden and Democrats in November’s midterm elections.

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