Gas prices are once again on the decline across the U.S., bringing some relief to drivers now paying a little less to fill up their tanks.
The national average for gas prices on Monday stood around $3.44, according to AAA. That’s down about 9 cents from a week ago — marking the largest one-week drop recorded by the motor club so far in 2024. Monday’s average was also more than 19 cents less than it was a month ago and over 14 cents below the level seen this time last year.
Why the recent fall in prices at the pump? Industry analysts point to a blend of lackluster demand and strong supply — as well as relatively mild oil prices worldwide.
with high food and housing costs that keep rising extras including travel are left off the menu
not lackluster demand and strong supply but everyone is weighed down in inflation
Boomers did road trips. Air travel is way up. Record setting levels up. I would disagree this is due to people not being able to afford to travel. It seems more like flying is more appealing to those who are traveling.