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Gasoline’s 98-Day Slide Ends With Modest Price Hike at US Pumps

  • Longest streak of declines since January 2015 comes to an end
  • Despite recent slide, prices are still up 15% from a year ago

Retail gasoline prices in the US have posted their first increase -- albeit very modestly -- after a 98-day streak of declines, suggesting consumers won’t get much more relief at the pump.

The national average increased less than 1 cent overnight after more than a week of relatively small moves in the opposite direction. Prices now stand at $3.681 a gallon, according to auto club AAA, ending the longest run of daily declines since 2015. The new level is more than $1.30 lower than the peak of $5.016 a gallon reached in mid-June.