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MoreBack to News Headlines
Here's why gas prices are sinking

Here's why gas prices are sinking

CNN
Wednesday, August 3, 2022 5:54 PM GMT

Prices at the pump continue to sink, providing relief to inflation-weary consumers and an economy mired in a slowdown.

The national average for regular gasoline dropped three cents to $4.16 a gallon on Wednesday, according to AAA. That marks the 50th consecutive day of falling prices.

Gas prices have tumbled by 86 cents since hitting a record average high of $5.02 on June 14. Over the past month alone the national average is down by 65 cents.

Read full story on CNN
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