Average US gasoline price falls 32 cents to $4.54 per gallon

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Average US gasoline price falls 32 cents to $4.54 per gallon
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The average U.S. price of regular-grade gasoline dropped 32 cents over the past two weeks to $4.54 per gallon. But while the average price at the pump is down 55 cents over the past six weeks, it’s still $1.32 higher than it was one year ago.

FILE - A motorist fills up the tank on a sedan, July 22, 2022, in Saratoga, Wyo. The average U.S. price of regular-grade gasoline plunged 32 cents over the past two weeks to $4.54 per gallon. Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday, July 24, 2022 that the continued decline comes as crude oil costs also fall.

CAMARILLO, Calif. — The average U.S. price of regular-grade gasoline plunged 32 cents over the past two weeks to $4.54 per gallon. “Further drops at the pump are likely as the wholesale gasoline price cuts continue making their way to street level,” Lundberg said in a statement.

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