"Gas Prices Fall Below $4 For 1st Time Since March"

"The national average price for a gallon of gas fell below $4 on Thursday for the first time since early March, according to AAA data. The milestone was reached after more than 55 consecutive days of declining prices at the pump.

The national average price for a gallon of gas, which stands at $3.99, has fallen more than 20% since it reached a peak of $5.01 in mid-June, according to data AAA provided to ABC News.

In California, the state with the highest average price, a gallon of gas costs $5.38, though that price has fallen more than 11% over the past month. In Texas, the state with the lowest average gas price, a gallon costs $3.49, AAA data showed."

Max Zahn reports for ABC News August 11, 2022.

Source: ABC News, 08/12/2022