Gas prices have dropped for 50 consecutive days

Gas pump
(Image credit: Luke Sharrett/Bloomberg)

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.

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Grayson Quay

Grayson Quay was the weekend editor at TheWeek.com. His writing has also been published in National Review, the Pittsburgh Post-GazetteModern AgeThe American ConservativeThe Spectator World, and other outlets. Grayson earned his M.A. from Georgetown University in 2019.