Gas prices have fallen for 49 straight days and counting
August 3, 2022
The average price for a gallon of unleaded regular gas is nearly down to $4 after falling for 49 straight days as demand for fuel has shrunk. Patrick De Haan, head of petroleum analysis at GasBuddy, expects gas prices to head lower barring any unforeseen circumstances. “If nothing goes wrong, we could see prices in October, November, December falling noticeably under $4 a gallon for the national average,” he said.
Recent News
Tesla Accelerates the Launch of More Budget-Friendly EVs
As a result of the rapid revenue decline in the first quarter of this year, Tesla is channeling its efforts to launch more affordable EVs sooner than expected.
Congress Passed a Potential TikTok Ban, Influencers Are Worried About Their Careers
After Congress passed a potential TikTok ban, TikTokers expressed growing worry over the “devastating” impact it would have on their careers.
Merger Forces Kroger and Albertsons To Sell More Stores
Kroger and Albertsons are selling more of their stores to address concerns about their merger.
JD Sports Bids for Hibbett in $1.08 Billion Deal
JD Sports Fashion plans to buy Hibbett Inc. for around $1.08 billion. The move aims to help the UK’s largest sportswear retailer grow in the southeastern United States.