The average price of gasoline in the United States has dropped to below 4 dollars per gallon for the first time in about half a year.
The US Energy Information Administration says the national average price of regular gasoline stood at 3 dollars and 93 cents per gallon on Monday. One gallon is about 3.78 liters.
The price of gas spiked after Russia invaded Ukraine in February. It topped the 5-dollar mark in June for the first time.
But the price then began falling, with crude oil futures on a declining trend, mainly due to concerns that the economies of China and Western countries may lose steam.
Despite the recent decline, prices remain elevated.
A customer at a gas station in New Jersey said that even though the price has fallen a bit, it is still too high.
The US Energy Information Administration says the national average price of regular gasoline stood at 3 dollars and 93 cents per gallon on Monday. One gallon is about 3.78 liters.
The price of gas spiked after Russia invaded Ukraine in February. It topped the 5-dollar mark in June for the first time.
But the price then began falling, with crude oil futures on a declining trend, mainly due to concerns that the economies of China and Western countries may lose steam.
Despite the recent decline, prices remain elevated.
A customer at a gas station in New Jersey said that even though the price has fallen a bit, it is still too high.
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Summary
Gas prices in the U.S. dropped below $4 per gallon for the first time in half a year, according to the US Energy Information Administration. The national average price of regular gasoline was $3.93 on Monday, equivalent to approximately 3.78 liters. Prices peaked after Russia's invasion of Ukraine
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| 2022/08/16 19:06 | Anonymous | 134 | - | - |
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ID: 62fb6c3b-2d34-480d-a56a-668bc0a80b98
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20220816_16/
Date: Aug. 16, 2022
Created: 2022/08/16 19:06
Updated: 2025/12/09 14:18
Last Read: 2022/08/16 19:06