July 8, 2022 – Patrick De Haan of GasBuddy predicted Wednesday that the United States would see “thousands of [gas] stations falling back under $4 per gallon” within days. True to his projection, De Haan revealed Friday morning that GasBuddy has since received nearly 6,000 individual reports of prices below $4 a gallon.
GasBuddy reported that gas prices had fallen for a third straight week, after momentarily eclipsing $5 per gallon in early June. Tuesday reportedly marked a week-over-week price drop of over $0.10, bringing the national average to $4.78 a gallon, down over $0.07 from this time last month.
Prices appear to be on track for yet another week of decline, as AAA states that gas prices stand at $4.72 today. That’d suggest a daily fall of $0.02 so far this week. Year-over-year, however, prices remain up $1.66.