The national average price for a gallon of regular gasoline edged up slightly this week to $3.18, according to AAA. While this time of year often sees seasonal increases in prices due to rising demand, a drop in crude oil prices is helping to stabilize prices at the pump.
AAA attributed the downward pressure on prices to economic concerns and a decision by OPEC+ to increase oil output despite sluggish global demand. The agency noted that “the lower the price of oil, the less drivers pay at the pump.” Compared to this time last year, the national average is nearly 50 cents lower.
Dispatches From The Front 