Prices at the U.S. pump have fallen for four straight weeks, dropping another 3.5 cents from a week ago, down to $3.55 per gallon on Monday
just ahead of the official start of summer driving season over Memorial Day weekend, according to GasBuddy, Based on prices at the pump a month ago, the national average per gallon has dropped 12 cents, but remains 2.2 cents higher than this same time last year, GasBuddy noted, while the national average per gallon of diesel has fallen 3.3 cents week-on-week and 12 cents year-on-year.
GasBuddy predicts that it will be “mostly good news” for drivers pulling up to the pump for the entire summer, with gasoline prices expected to “stay far under record levels” and continuing to trend lower in the run-up to the 4th of July holiday season. Weather wildcards, including the hurricane season, could, however, throw up some hurdles to continually lowering gasoline prices, while refinery maintenance and geopolitical tensions in the Middle East could also disrupt predictions.
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