Gas prices have dropped for 50 consecutive days
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
You are now subscribed
Your newsletter sign-up was successful
Gas prices fell for a 50th consecutive day on Wednesday, dropping to a national average of $4.16 per gallon of regular gasoline, according to The Wall Street Journal and the American Automobile Association.
This represents a 17 percent drop from the June 15 peak of $5.02, due largely to a decline in global demand. Texas has the country's cheapest gas, averaging $3.64 per gallon, while California still tops the list at $5.56 per gallon.
President Biden, whose approval rating has been dragged down where the anglerfish swim by inflation and high gas prices, took a victory lap. "More than half of all gas stations across the United States now offer gas for less than $4 a gallon," he tweeted.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
But plenty of people still weren't satisfied, with several of the president's critics pointing out that gas is still almost two dollars a gallon more expensive than it was when Biden took office.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Grayson Quay was the weekend editor at TheWeek.com. His writing has also been published in National Review, the Pittsburgh Post-Gazette, Modern Age, The American Conservative, The Spectator World, and other outlets. Grayson earned his M.A. from Georgetown University in 2019.
-
One great cookbook: Joshua McFadden’s ‘Six Seasons of Pasta’the week recommends The pasta you know and love. But ever so much better.
-
Scientists are worried about amoebasUnder the radar Small and very mighty
-
Buddhist monks’ US walk for peaceUnder the Radar Crowds have turned out on the roads from California to Washington and ‘millions are finding hope in their journey’
-
Judge rejects California’s ICE mask ban, OKs ID lawSpeed Read Federal law enforcement agents can wear masks but must display clear identification
-
Lawmakers say Epstein files implicate 6 more menSpeed Read The Trump department apparently blacked out the names of several people who should have been identified
-
Japan’s Takaichi cements power with snap election winSpeed Read President Donald Trump congratulated the conservative prime minister
-
The ‘mad king’: has Trump finally lost it?Talking Point Rambling speeches, wind turbine obsession, and an ‘unhinged’ letter to Norway’s prime minister have caused concern whether the rest of his term is ‘sustainable’
-
Trump sues IRS for $10B over tax record leaksSpeed Read The president is claiming ‘reputational and financial harm’ from leaks of his tax information between 2018 and 2020
-
Trump, Senate Democrats reach DHS funding dealSpeed Read The deal will fund most of the government through September and the Department of Homeland Security for two weeks
-
Fed holds rates steady, bucking Trump pressureSpeed Read The Federal Reserve voted to keep its benchmark interest rate unchanged
-
Judge slams ICE violations amid growing backlashSpeed Read ‘ICE is not a law unto itself,’ said a federal judge after the agency violated at least 96 court orders
