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Why are gas prices so low amid summer travel?

NPR

Published July 6, 2023 at 9:33 AM EDT

Gas nozzles are pictured at a Mobil gas station. (Jae C. Hong/AP)

Gas prices are much lower right now compared to last summer. AAA reports that Americans are paying $3.52 per gallon on average, more than a dollar less than this time last year. Why?

Here & Now‘s Scott Tong speaks with Ali Velshi, anchor and economics correspondent for MSNBC.

This article was originally published on WBUR.org.

Copyright 2023 NPR. To see more, visit https://www.npr.org.

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