US Gasoline Prices Have Fallen Every Day Since Mid-June
- Biggest streak of declines in gasoline prices since 2015
- Cost to consumer remains 23% higher than same time last year
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Gasoline prices are on the biggest streak of declines since 2015, a relief for both consumers and President Joe Biden who has made fighting inflation a central theme ahead of November midterm elections.
US pump prices are averaging $3.892 a gallon after reaching a record high of $5.016 a gallon in mid-June and have fallen for 70 straight days, according to auto club AAA. Prices haven’t fallen that many days since January 2015.