Account

The Actual News

Just the Facts, from multiple news sources.

U.S. gas prices just fell below $4 for 1st time since March. They're still 25% higher than last year

U.S. gas prices just fell below $4 for 1st time since March. They're still 25% higher than last year

Summary

U.S. gas prices have dropped to just under $4 per gallon for the first time since March. This change happened after President Donald Trump signed an agreement with Iran about uranium and sanctions, and after a recent fall in crude oil prices.

Key Facts

  • The average U.S. price for regular gas is now $3.999 per gallon.
  • This is the first time since March that gas prices have been below $4 per gallon.
  • Gas prices are still about 25% higher than they were last year.
  • President Donald Trump signed an agreement with Iran to reduce its enriched uranium stockpile.
  • The agreement also waives some U.S.-backed sanctions on Iran.
  • U.S. crude oil prices have dropped by 15% this month, helping gas prices fall.
Read the Full Article

This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.