Gas Prices Decline For 7th Straight Day
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Gas prices are starting to come down.
For seven straight days, gas prices have fallen.
It is now at $4.092 per gallon.
Gas prices rose due to the conflict between Iran and the United States.
The Washington Examiner reported:
The national average price for a gallon of regular gas decreased again on Monday, falling to $4.042, according to AAA. It was the seventh straight day the national average price of a gallon of regular gas has dropped. Fuel costs had been rising daily ever since February due to the military conflict between the United States, Israel, and Iran.
Gas prices dropped over five cents from last Thursday, when a gallon of regular gas cost $4.093. Fuel costs are also lower than a week ago, when a gallon of regular gas was $4.125, according to AAA. The last seven days mark the first time that the national average price for a gallon of gas has dropped since January. It is also the first time the national average price for a gallon of regular gas has been lower than the previous week since the winter.
Despite recent drops, gas prices are still higher than a month ago, though the gap is narrowing. A month ago, the average price of a gallon of gas in the U.S. was $3.912, a current difference of only 13 cents per gallon. It is one of the smaller differences between gas prices in the past month since March.
Trump said that he believes gas prices will fall as soon as the conflict ends.
Trump said comments from Energy Secretary Chris Wright on gas prices were wrong.
President Trump told The Hill on Monday that he disagreed with Energy Secretary Chris Wright’s assessment that gas prices may not drop below $3 per gallon until next year.
“No, I think he’s wrong on that. Totally wrong,” Trump said in a phone interview when asked about his energy chief’s comments.
When asked by The Hill when he believes gas prices will drop, Trump said “as soon as this ends,” referring to the Iran war.
