US drivers spend less to fill than last week and the previous week, and as the cost of crude oil goes down, gas prices rise three times a week in a row.Ready to slide . From
According to AAA, Thursday's national average is $ 4.86 for a one-gallon regular, down more than eight cents from a week ago. Concerns over the increased risk of a global recession have reduced demand for oil, and crude oil prices have fallen from $ 110 last week to about $ 107 per barrel, travel clubs have released news {13. } On Monday.
"Oil costs about $ 3 for every $ 4.89 on gas pumps. If oil prices fall further, consumers should be more reassured when refueling," AAA said. Andrew Gross, a spokeswoman, said in a statement.
RBOB gasoline is currently down near 25c / gap. If the market is closed at this level and the station passes through it soon, the national average will probably be a ball $ 4.39 / gallon park. There is plenty of room for #gaspricesto go down further.
— Patrick DeHaan ⛽️📊 (@GasBuddyGuy)June 30, 2022
Gas prices "continue to fall", so three times a week The fall, GasBuddy's head of oil analysis, Patrick DeHaan, tweeted.
Great drop of 10-20c / gal in the spot#gaspricesToday, the national average is kept low for 3 consecutive weeks ... but hurry It will be full ... Prices will continue to fall!
— Patrick DeHaan ⛽️📊 (@GasBuddyGuy)June 29, 2022
Still, supply could rapidly reverse the declining trend. He warned that there was.
"Mainly in the event of a hurricane or other unforeseen event, prices may rise and set new records. Oil cuts and production refinements. It's worrisome as demand turns out to be very active in the summer. "
The national average of normal lead-free gas hit a record high of just over $ 5 a gallon on June 16th, withfuel cards as Americans hunt. Increased interest in gas cardsfor less filling methods.
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