Gas Prices Continue to Trend Down

gas-prices

(Undated) – For the fourth straight week the price at the pump has fallen. According to GasBuddy.com the current national average has fallen just over a nickel from a week ago and nearly seven cents from a month ago. However, it remains around $1.20 a gallon higher than a year ago standing at $3.35 per gallon. GasBuddy Head of Petroleum Analysis, Patrick DeHaan, says the downturn in average gas prices is largely due to continued anxiety over the “Omicron” variant. He says we will likely continue to see declines in the next week or two as stations continue to sell through higher-priced inventory.