THE NEW YORK TIMES, JULY 22
Good morning. Gas prices have now fallen for more than a month. |
After months of gas prices making life more expensive, they have quietly started to go down — providing financial relief for many Americans. |
The average nationwide price this week was $4.49 a gallon, down from a peak of $5.01 in June. The average price of gas is still about $1.30 higher than it was a year ago, but it has now fallen for more than a month. |
 | | Source: U.S. Energy Information Administration |
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That is welcome news for consumers: Higher gas prices affect not just people filling their cars but also, through higher transportation costs, the price of almost everything else. |
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