Average U.S. Gas Prices Drop Below $4

 

We ran the numbers: There are 1,378 news articles covering this topic. 15% (207) are left-leaning, 46% (630) are centrist, and 40% (541) are right-leaning.

Average U.S. gas prices fell below $4, a dip of more than $1 since prices hit their highest mark in June at around $5.02. While left-leaning articles focus on accomplishments surrounding the decreased prices, right-leaning articles focus on potential future problems for the Biden administration.

A left-leaning article from Politico highlights how a AAA spokesperson said the drop in gas prices crossed “a huge psychological line” for consumers. The same spokesperson attributed the decline due to drops in crude oil prices, decreased demand for gasoline, and releases of barrels of oil from the Biden administration. The Biden administration has taken some credit for the drop with Biden himself tweeting that “I promised I'd address Putin's price hike at the pump, and I am.”

The Hill published a centrist article reporting on how experts expect gasoline prices to continue to fall by about 15 cents per gallon after mid-September. Andrew Lipow, president of Lipow Oil Associates, noted that the drop in gas prices has occurred as increased prices have caused people to drive less.

A right-leaning article from Fox News highlights how experts believe that the dip in gas prices is caused by high inflation that has lessened travelers' interest to go places. Consumers are no longer planning big trips and have not fully returned to the office.



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