Officials with AAA say that the average cost of a gallon of gasoline has dropped in recent days, but it remains unclear whether that downward trend will continue as spring moves along.
According to the latest AAA figures released Monday, a gallon of fuel now costs $4.25 in the United States, a drop of $.08 per gallon since hitting a record high of $4.33 on March 11.
Officials blame the surge in fuel costs on Russia’s war with Ukraine and inflation, but higher gas prices have caused depressed demand for fuel. That factor, along with China stepping up COVID restrictions, helped to drop the price of crude oil on the market this week.
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