Gas Prices Plunge: National Average About The Same As This Time Last Year

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Analysts project the national average price for a gallon of gas could drop below $3 by Christmas.

dropped to a near-2022 low, with Brent Crude, an international benchmark, falling to $82 per barrel—down 57 cents from its peak of $139 in March. Meanwhile, West Texas Intermediate, a U.S. benchmark, fell to $75 last week, although both indicators have since climbed, with Brent Crude Oil reaching $85 and the West Texas Intermediate reaching $80.

the national Strategic Petroleum Reserve, clearing 14 million barrels per sale—the second time it tapped into the reserves this year, following the sale of 180 million barrels in March.18. That’s the number of states that have seen gas prices fall below December 2021 levels: Alabama, Arkansas, Connecticut, Colorado, Florida, Georgia, Kansas, Louisiana, Mississippi, Missouri, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Wisconsin and Wyoming, according to GasBuddy.

 

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Thanks, Biden - am I right, GOP SenateGOP? 😁👍

is another gaslighting media arm for the Democrat party.

Well, when gas costs are prohibitively high, we don’t drive. Demand goes down. Costs will fall. Know your Econ 101. No one just can drop prices of gas, especially the President of the US.

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Thank you Biden 😊

'Plunge'?

It was high last year? I don’t understand what’s going on with the media. It’s as if they gaslight all of us and they think that we are dumb.

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