are the gas prices going to go down

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  • How high have gas prices gone up?

  • The pain at the pump continues, seemingly unabated. Gas prices recently reached the highest levels on record. The national average for regular gasoline hit $4.97 a gallon according to AAA. This is a sharp rise of 15% from just a month ago and over 60% higher than this time last year.

  • Will gas prices ever drop before 2022?

  • Even if that drop happens, gas prices would still be far higher than they ever were before 2022, and the prior record was $4.103 per gallon in 2008.

  • How much will gas prices fall with crude oil below $100?

  • The U.S. benchmark crude oil is trading below $100 for the first time since May, which should allow for some relief at the pump. Patrick De Haan, head of petroleum analysis at GasBuddy, believes the national average price for regular gas could fall 25 to 50 cents per gallon in the coming weeks.

  • What is the average price of a gallon of gas?

  • The national average for regular gasoline hit $4.97 a gallon according to AAA. This is a sharp rise of 15% from just a month ago and over 60% higher than this time last year.

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