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Drivers can soon see average gas prices reach $3.99 per gallon

Gasoline prices have fallen to $3.99 a gallon at nearly 88,000 stations across the United States before hitting $95,000 next week. station is expected to rise, according to one expert. And his 12 station drivers in four states already pay him $1 less than that.

Patrick De Haan, Head of Petroleum Analysis at GasBuddy, said on Fridaythat he expects the national average to fall below $4 a gallon in the next few days. rice field. And on Saturday, at 12 stations, prices were already below $3.00 a gallon, he said.

Not a typo: GasBuddy counts 12 stations in 4 states and currently sells gasoline for $2.99 ​​or less per gallon :
3 in TX
3 in OK
2 in KS
4 in IA

— Patrick De Haan ⛽️📊 (@GasBuddyGuy) Aug 6, 2022

Average PricesAccording to GasBuddy data, Saturday morning prices nationwide were $4.060 per gallon, compared to California and Hawaii. Drivers were the most expensive. Prices are steadily down from the June 16 high of $5.03 per gallon, but still more than 87 cents higher than last year's average.

But it's also because Americans are driving less. Since his March, when the national gasoline average hit a monthly high of $4.33, AAA says drivers surveyed have cut back on road trips. Nearly two-thirds of U.S. adults have changed their driving habits since March, according to a study released last month by the organization. Nearly a quarter have made significant changes, such as driving less, organizing errands, shopping and eating out less.

AAA said that when he asked drivers in March how price would affect their driving, nearly 60% at the time said gasoline had risen to $4 a gallon, and four 3 answered that if they make changes, they will change their habits and lifestyle. 80% said they would drive less if gas was $5 a gallon.

According to US Energy Information Administration data released this week,AAA said.

Gas is one of the biggest drivers of inflation,reached 9.1% inJune. This is the latest month for which data is available. The gasoline index rose 11.2%, according to the Bureau of Labor Statistics.

The Biden administration ordered the release of oil from the Strategic Stockpile earlier this year.

"No single reason for oil prices to rise or fall. People," last month. "You know, when oil prices go up, we tend to say there's only one reason, and that's political leadership."

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