According to AAA, the national average for a gallon of gas is $3.47.
It’s also the first time the national average has been below $3.50 since February when Russia started its invasion of Ukraine.
Other factors are also responsible for this downward trend at the pumps, including fears of a U.S. recession and China’s COVID-19 lockdowns. Some analysts predict gas prices will keep falling as we head toward the end-of-the-year holiday season.The Consumer Price Index shows inflation slowed in October, but despite the cooling, Americans are still feeling the pinch.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gas prices drop to levels not seen since FebruaryAccording to AAA, the national average for a gallon of gas is $3.47.
Read more »
WA unlikely to be affected by Santos gas leakThe gas leak and subsequent shut-down of the John Brooks platform, offshore Western Australia, is not expected to impact gas supply to the state. Oil and gas major Santos this week announced the temporary shut-down of the platform, which is the main platform supplying the Varanus Island processing facility, which in turn supplies around one-quarter of Western Australia’s gas, following the observation of a gas leak during routine activities on the normally un-staffed facility.
Read more »
Average gas price drops below $5 per gallon in Orange, San Bernardino and Riverside countiesThe average price of a gallon of regular self-serve gas has dropped below $5 a gallon in Orange, San Bernardino and Riverside counties.
Read more »
California oil refiners posting record profits during gas price spikes: ReportIn testimony to the California Energy Commission, Consumer Watchdog reported the big five oil refiners in the state posted more than $67 billion in profits in the first nine months in 2021.
Read more »