Price of gasoline spends weekend moving lower

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Price of gasoline spends weekend moving lower
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The average price for a gallon of gasoline moved lower again on Sunday remaining below the $5 threshold

Power the Future Executive Director Daniel Turner joins 'Kennedy' to weigh in on the U.S. domestic supply of oil and President Biden's plans to travel to Saudi Arabia.Gas reached $5 a gallon a week ago.

The price declined by a fraction to $4.983, according to AAA. The price on Saturday fell below the $5 threshold at $4.989. Oil prices tumbled about 6% to a four-week low on Friday on concerns demand will slump as interest rate hikes by central banks will slow the economy.It was the first weekly drop for U.S. crude in eight weeks.

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