The national average was hovering around $3.09 per gallon on Friday; The average price in 30 states was less than $3 per gallon, According to AAA.
Prices have been trending lower in recent weeks after oil prices fell on the back of a general economic slowdown due to seasonal demand, high U.S. production levels and high interest rates.
“A lot of it is seasonal; Americans simply drive less. As it gets colder, we drive less. Also, winter gas is getting cheaper,” says the gas price app. said Patrick de Haan, head of petroleum analysis at GasBuddy.
More broadly, prices have fallen from a peak of more than $5 a gallon in summer 2022 due to the outbreak of war between Russia and Ukraine and the economic reopening after the coronavirus pandemic.
president biden This week, two posts on X (formerly Twitter) promoted low gas prices.
“Gasoline prices across America have fallen an average of $1.93 from their 2022 peak, a 38% decrease,” he wrote Wednesday.
See the full report for more details. zahir.com.
