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Gas prices dip just below $4 for the first time in 5 months - The Associated Press

AP News LogoAP News1 mo ago

Gas prices dip just below $4 for the first time in 5 months - The Associated Press

Quick Summary

Oil prices began rising in mid-2020 as economies recovered from the initial shock of the pandemic.

Biden has also sparred with oil companies, accusing them of not producing as much oil and gasoline as they could while posting huge profits.“Exxon made more money than God this year,” he said in June.

Falling prices for gas, airline tickets and clothes are giving consumers a bit of relief, although inflation is still close to a four-decade high.


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News Analysis

Category: Nation Politics

Topics: Prices Average June Mark Consumers Other Biden Gasoline First 2022 Time

Source Website Secure: Yes (HTTPS)

Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

News Source URL: apnews.com

Readership Location: United States

Published Date: 2022-08-11, 08:20:34

News Timezone: GMT -5:00

Language: English

Original Article Length: 563 words

Reading Duration: 4 minutes read

Compatibility: Desktop Web, Mobile Web, iOS App, Android App

News ID: 1541303

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AP News Logo

Name: AP News

Main Topics: NationPolitics

Official Website: apnews.com

Update Frequency: 186 posts per day

Last Update: 9h ago

Headquarters: United States

Coverage Areas: United States

Publication Owner: Independent Company

Publication Timezone: GMT -5:00

Languages Covered: English

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API Available: Yes

Website Security: Secure (HTTPS)

Publisher ID: #90

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