Gas prices have decreased heading into the weekend, marking the biggest weekly drop of 2024. The current prices are 20 cents cheaper than they were on the 4th of July. Despite the recent decrease, there are concerns about a potential spike later this summer, as reported by @ines_ferre. Notably, gas prices have dropped 4% compared to the same time last year, and this trend may continue into the summer. In 2020, the price of gas was $1.63 per gallon, but inflation has since driven prices to well over $3 per gallon. Efforts are being made to rein in costs for families, as discussed by Zach Nunn at a recent event in Iowa with AFPIowa.
Gas prices have dropped 4% from the same time last year and the cooldown could continue into the summer. https://t.co/b3rqiSBO20
Gas prices see biggest weekly drop of 2024, but a spike may come later this summer https://t.co/Oo4HdXDJrz by @ines_ferre
So now 4th July gas is 20 cents cheaper. Congrats ๐๐พ! Sleepy does this to bribe voters all the time !! But whatโs long term impact of this move? Gas goes to 5 dollar!!
In 2020, the price of gas was $1.63/gallon. Since then sky-rocketting inflation has taken gas to well over $3/gallon. I joined @AFPIowa today as they rolled back prices to discuss my work to rein in costs for Iowa families. https://t.co/ZHVenxsX12
Gas prices: Prices decrease again heading into the weekend https://t.co/wcUuZdBEQH