Gas prices fell, but don’t get too comfortable

FuelNuts & BoltsInflationMoney Matters
Written By Jennifer Joslyn

For 98 days straight, gas prices had edged slowly down the scale after reaching an all-time high this summer. This is an almost record streak of a downward trend, the second-longest since 2005. However, unprecedented releases of oil reserves and weaker demand cannot fix the problem forever. Fears of a global recession do not seem to be helping the matter, either.

On September 21st, that streak came to end with an increase of one penny to the national average. While it may not seem like much of an uptick, it does signal that it won’t get much “better” price-wise than this.

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Jennifer Joslyn
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