Gas Prices Drop Amid Summer Heat

Pump Prices Reflect the Summer Doldrums

WASHINGTON, D.C. —The national average for a gallon of gas fell four cents to $3.50 since last week. The likely cause is the terrible demand number for gasoline, as folks may be curtailing driving amid sizzling summer temperatures.

“The arrival of summer used to signal the start of a robust driving season, but that has not been the case recently,” said Andrew Gross, AAA spokesperson. “We know that a record number of travelers were forecast to hit the highways for the July 4^th holiday, but since then, they appear to be staying off the road, and the recent scorching heat is possibly to blame. Maybe things will pick up soon.”

For the complete report, including the latest EIA data and oil market dynamics, please visit: https://gasprices.aaa.com/pump-prices-reflect-the-summer-doldrums/