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Drivers are finally getting some relief at the pump. The national average gas price has dropped below $4 a gallon for the first time in months, with prices falling in 47 states as oil markets react to developments in U.S.-Iran negotiations.
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Gas prices are finally easing in much of the country, but experts warn global tensions could quickly reverse the trend as the national average remains well above last month’s levels.
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The latest Fuel Gauge Report from AAA shows increased prices across the U.S. since last week, with 46 states seeing higher average prices for a gallon of regular, unleaded gasoline. Prices did fall in four states, though, including Ohio, Indiana, Michigan, and Kentucky.
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WASHINGTON - Even though retail gasoline prices, and oil prices, have fallen, there are a number of global factors that could lead to higher prices during the rest of the year.
Read More →WASHINGTON – The Energy Information Administration (EIA) revised its summer outlook for gasoline and diesel prices.
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