Americans See Another 10-Cent Drop In Gasoline Prices ...Middle East

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Americans See Another 10-Cent Drop In Gasoline Prices
source : OILPRICE ( Middle East ) () 26
Prices at the gas pump have declined 10 cents in a week, according to AAA, which says recession fears and further releases of America’s strategic petroleum reserve (SPR) have contributed to the further declines. On Monday, average national gasoline prices per gallon were $3,793, nearly 10 cents lower than this time last week. The prices are less than one cent higher than they were a month ago, when the average was $3.700 per gallon, but still off the year-ago average of $3.385. “Global recession fears coupled with the Biden Administration’s…

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