Gas prices are finally dropping. Here are 4 things to know
How much have prices fallen?
According to the American Automobile Association, the average price of gasoline nationwide was $4.08 on Saturday. That's down nearly a dollar since mid-June, when pump prices hit an all-time high of $5.01 per gallon.
Some parts of the country, like Texas, have seen an even sharper decline, providing relief for drivers who had seen prices surge earlier this year following Russia's invasion of Ukraine.
"I filled up yesterday and it was $3.35. So yeah, I was excited about that," says Linda McDaniel, who drives 60 miles every day to her job in San Antonio. "Because I have such a commute, I drive a Honda Civic, which gets pretty good gas mileage. But with those bigger prices, it was really costing a significant amount more to fill up my tank."
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