Nearly 1 in 5 stations is charging under the $4 mark for a gallon of regular gas, according to OPIS, which surveys US gas stations to compute price averages for AAA. That's about 24,000 stations nationwide, mostly in the Southeast and in oil patch states.
Nearly one in five gas stations is charging under the $4 mark for a gallon of regular gas, according to OPIS, which surveys US gas stations to compute price averages for AAA. That's about 24,000 stations nationwide, mostly in the Southeast and in oil patch states like Texas and Oklahoma.In fact, $3.999 was the most common price Monday among the 130,000 stations OPIS surveys, as station owners play the game of charging one-tenth of a cent less than $4 to try to get customers' attention.
But those futures were slightly higher Monday. The lack of any promise by Saudi Arabia to increase oil production following President Joe Biden's visit to that country last week, coupled with a slight lessening of recession fears on stronger than expected bank earnings, helped to lift future prices.Meanwhile, gas for less than $4 remains a regional phenomenon.Back on June 14, when gas prices hit a record national average of $5.
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