Gasoline Prices Fall, but Remain Too High

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By Trey Thoelcke Published
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The hope that gasoline prices in the United States will drop finally has some support, based on recent numbers. The AAA Fuel Gauge report shows that the price for an average gallon of regular has fallen recently. Yesterday, that gallon cost $3.676, down from $3.794 a week ago and $3.833 a month ago.

The price remains high enough that it may dent the consumer spending of many lower-income households, and some middle class ones. Much of the country still has to pay $4 a gallon, or nearly that much. Heavily populated states such as California, Connecticut and New York all fall within this range. For those who need to use premium gasoline, the national price average yesterday was $4.010.

All of these prices are down a bit, but could still throttle activity as the critical holiday spending seasons starts.

Douglas A. McIntyre

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About the Author Trey Thoelcke →

Trey has been an editor and author at 24/7 Wall St. for more than a decade, where he has published thousands of articles analyzing corporate earnings, dividend stocks, short interest, insider buying, private equity, and market trends. His comprehensive coverage spans the full spectrum of financial markets, from blue-chip stalwarts to emerging growth companies.

Beyond 24/7 Wall St., Trey has created and edited financial content for Benzinga and AOL's BloggingStocks, contributing additional hundreds of articles to the investment community. He previously oversaw the 24/7 Climate Insights site, managing editorial operations and content strategy, and currently oversees and creates content for My Investing News.

Trey's editorial expertise extends across multiple publishing environments. He served as production editor at Dearborn Financial Publishing and development editor at Kaplan, where he helped shape financial education materials. Earlier in his career, he worked as a writer-producer at SVE. His freelance editing portfolio includes work for prestigious clients such as Sage Publications, Rand McNally, the Institute for Supply Management, the American Library Association, Eggplant Literary Productions, and Spiegel.

Outside of financial journalism, Trey writes fiction and has been an active member of the writing community for years, overseeing a long-running critique group and moderating workshop sessions at regional conventions. He lives with his family in an old house in the Midwest.

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