Gas prices fall below $4 a gallon for the first time since March

The average price of a gallon of unleaded gasoline in the United States fell below $4 a gallon on Wednesday, a 21% drop from June’s peak, as global oil demand softens entire.

The national average was $3.99 a gallon Wednesday afternoon, according to OPIS, an energy data and analytics provider. It’s the first time since March that the average gasoline price has been below $4 a gallon, giving drivers a break as the inflation rate remains near a four-decade high.


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