Video

Gas prices are falling

Published August 30, 2021 7:21 AM

(KYMA, KECY/NBC News) - For the first time in nine months, drivers are finally feeling some relief at the pump.

According to the Lundberg survey, the National retail price of regular grade gas has fallen more than two cents a galllon.

The new price hovers around $3.25. According to experts, the falling price comes from a drop in oil prices and a weakening demand for gas.

Sustained higher prices and reinstated Covid-19 prevention mandates in some places could also have played a role in pushing down demand.

Compared to this time last year, however, experts say the price is still 97 cents higher.

Article Topic Follows: Video

Dominique joined KYMA in June 2019 as a Sunrise anchor. She was born in New Jersey but raised in Carmel, Indiana.

You can reach her at dominique.newland@kecytv.com.

BE PART OF THE CONVERSATION

KYMA KECY is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.