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Gasoline prices have fallen to $3.99 a gallon at about 88,000 U.S. gas stations, and that number is expected to rise to 95,000 next week, according to one expert. Drivers at 12 stations in four states are already paying less than that.

Patrick De Haan, Head of Petroleum Analysis, GasBuddy friday says He expects the national average to fall below $4 a gallon within a few days. Prices were already below $3.00 a gallon at a dozen gas stations, he said Saturday.

The national average was reported to be $4.060 a gallon Saturday morning, with drivers in California and Hawaii paying the highest prices. Data from GasBuddy. Price already Steady decline It started at an all-time high of $5.03 a gallon on June 16, although it was still more than 87 cents above last year’s average.

But that’s partly because Americans are driving less.Since March, when the national average natural gas Hit a monthly high of $4.33, AAA said the drivers surveyed had reduced the number of them on the road. The group revealed in a survey released last month that nearly two-thirds of U.S. adults have changed their driving habits since March, and nearly a quarter made major changes, including reducing Drive, incorporate errands, and cut back on shopping or dining out.

When AAA asked drivers in March how prices would affect their driving, nearly 60 percent said they would change their habits or lifestyle if gas prices rose to $4 a gallon, and three-quarters would make Change — 80 percent said they would drive less — if gas prices hit $5 a gallon.

Data released this week by the U.S. Energy Information Administration showed demand was flat from July 2020 amid COVID restrictions, According to AAA.

Natural gas has been one of the biggest drivers of inflation, 9.1% in June, the most recent month for which data is available. Gasoline index rose 11.2% Bureau of Labor Statistics.

Biden administration Order to release oil from strategic reserves earlier this year.

“There’s never been one reason why oil prices went up or oil prices went down,” Amos Hochstein, special presidential coordinator for international energy affairs, told CBS News’ Margaret Brennan. ” “Nationwide” last month. “As you know, when oil prices go up, they tend to say there’s only one reason, and that’s political leadership.”

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