The price of regular gasoline in the United States fell 0.61% in the week ended November 14, 2022, trading on average at $3,606 per gallon, according to data from the Energy Information Administration (EIA, for its acronym in English) from the United States.
Patrick De Haan, head of Oil Analysis at Gas Buddy (a firm that collects fuel prices in the American Union), assured that national gasoline prices fell thanks to reduced demand, in addition to the fact that the situation of refineries improved and international oil prices fell during the week.
“With oil prices remaining volatile, the outlook is murky, but I am hopeful that in the run-up to Thanksgiving we will see prices come down in more states,” De Haan added.
The analyst pointed out that for Thanksgiving Day the most expensive prices recorded in history will be seen.
The state in which the price of fuel fell the most was Ohio, where gasoline fell 0.122 dollars for an average of 3.739 dollars per gallon.
In the state of Texas, a gallon of gasoline was quoted at $3,050 per gallon, down $0.074 from last week.
Last week, on the day of the midterm elections in the United States, the percentage of voters who said they were affected by the high fuel prices could have been higher, given that the national average reached almost 5 dollars per gallon.
sebastian.diaz@eleconomista.mx
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