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You are here: Home / News / Gas Prices Had Smallest Weekly Decline in Months as Demand Continues to Decline

Gas Prices Had Smallest Weekly Decline in Months as Demand Continues to Decline

September 19, 2022 By CollisionWeek Editor

AAA reported that fewer drivers fueling up helped the national average pump price for gasoline to drop four cents in the past week to reach $3.67. But it’s the smallest weekly decline in months and may signal that the streak of daily falling national average gas prices, approaching 100 days, is nearly finished.

“All streaks have to end at some point, and the national average for a gallon of gas has fallen $1.34 since its peak in mid-June,” said Andrew Gross, AAA spokesperson. “But there are big factors tugging on global oil prices—war, COVID, economic recession, and hurricane season. All

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