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You are here: Home / News / Gas Prices Stabilize After Declining Last Week

Gas Prices Stabilize After Declining Last Week

March 28, 2022 By CollisionWeek Editor

AAA reported today that as the cost of a barrel of oil has remained near $110, the gas price decline has slowed. After hitting $4.33 on March 11, the national average for a gallon of gasoline is now $4.24, but only down a penny since last week. Domestically, gasoline demand is again defying seasonal trends and has dipped for the second straight week, perhaps due to higher pump prices and consumers altering their driving habits.

“The global oil market reflects the volatility caused by the war in Ukraine grinding onward,” said Andrew Gross, AAA spokesperson. “And with oil prices refusing

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Filed Under: News Tagged With: AAA, Fuel Prices

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