US economy reacts to falling gas prices ahead of July 4th

2011: $95 oil → $3.53 gas
* 2015: $49 oil → $2.43 gas
* 2020: $39 oil → $2.17 gas
* 2022: $95 oil → $3.95 gas
* 2025: $69 oil → $3.15 gas

As of late June 2026:

* WTI crude oil: about $69–70 per barrel in 2026 ,,,, now gas is higher now

What ever

You forgot to mention who caused this mess.

Why wait for the gasoline prices to drop, buy an EV?

Stop the bull crap nothing is going down wtf it's wrong with Trump

I AM GOD THE WORLD ENDED SOS HELP

Vote Republican in November and in 2028 so the blue state like mine turn red and then we will see improvements with lower taxes, lower gas prices, lower sales tax etc. I experience that. People buy in next door city because sales tax etc is much lower. I just go to the border to the other City and sales tax is much lower. That City is red but where I live is blue City. The State is blue. So think about that. Cal has been closing their refineries that is why the gas prices are so much higher and that will probably affect Arizona and Nevada with higher prices due to having to get gas from Texas. Hopefully my state will turn red so I can enjoy all the benefits. Newson destroys California. Why? All refineries except one has closed and everything is so expensive. Nobody can afford living there. I hope you vote to turn Cal red and se improvements. Vote for the Republicans or you will continue with misersy. In my state we are working hard to turn it around with a Republican governor. Do the same. I do it so I can live better and go forward.

Price gouging and corporate greed

Just so everyone is aware, it’s gonna go back up because the war is back on the menu.

Who cares? Gas prices may drop but the excuse of such to raise prices of everything else has already been used. Prices of everything else seems to continue to rise not drop. Liar says food prices will/are coming down... neither is anything else meaningful!
Sleazy shill for the elite.

It's still 35% higher than it was in February and crude is the same price per barrel, WTF! I can't believe you're making a big deal out of it dropping 30 cents. The media must be in on it.

So they are dropping so Washington state raises the gas tax July 1st.

Good job Fox. Go out there and praise the president! Why be journalists when you can audition for a role in the administration?

Don't expect much if you're on the Left Coast

It's gonna remain around the 3 dollar range if Trump doesn't finish the job in Iran. Equivalent to the Biden administration. He should take these statistics seriously. Don't act like Biden.

I would rather have a 4 dollar gas that would eventually fall down rather than a 3 dollar gas that stays and could worsen as Iran continues to be emboldened

No one has a "Magic Wand" ... be patient ... the prices WILL (gradually) come down.

3.89-4.10 in Loudon Virginia

It's still more expensive than before Trump's war with Iran began.

He is dreaming or what? Someone needs to wake him up

Yall said the same thing last year. Drill baby drill was unable to keep gas and energy prices down, and tariffs didn't reduce inflation. BTW, no tax on tips was not a tax cut for the middle and working class.

Yes of course they will lower gas prices for the 4th of July! They want you to spend more money. Don't get to comfortable with it, because it's gonna go right back up after the 4th and we are all broke! They want you to spend your money before everything sky rockets again! Don't be fooled, they still need money for the wars going on and those yet to come.

Notice how gas prices in blue States are still unbelievably high? That isn't on Trump. That's your Marxist Governor.

Oooh yeah what am I gonna do with all this extra money?? Pff.

Why are California gas prices always higher than the rest of The States?

prices of goods never go down after they go up.

🐂💩 they haven't gone down

I havent seen anything in the bill that would help lower house prices

Gas prices are dropping by cents. But still unbelievably high

Texas $2.94 a gallon 🙂

Not in Washington state. They are going to add more tax.

Don’t believe your lying eyes

They’ll fall for the holiday and go back up, then go back down for Labor Day and back up again. Essentially, oil companies reversed their old pattern of up for holiday weekends because they can bend us over all year instead of just summer holidays.

EXCEPT FOR CALIFORNIA. IT KEEPS GETTING HIGHER WITH NO JOBS. AND IT WILL BE A MIRACLE ID WE SEE GAS LIKE RED STATES. 😢😢.

There are no falling prices. That's a damn lie.

BUT HERE IN FAR LEFT CALIFORNIA we pay $2.00 MORE PER GALLON than basically ALL RED STATES.....thanks democrats for making life SO DIFFICULT

Come down?they just went up like .30 here in Michigan. $6.00 for premium

Hang the Federal Reserve!!!!

We need help in california

3.35 per in North Carolina !

Not in california still high

Get the lying trump goon's off the air 🤥🤥🫵☝️👈🙄

How does an economy react? People do. Lol. Retailers like Walmart, who are already filthy rich, could lower their prices; so could landlords, who doubled people's rent just because they could. Greed permeates today's society. Still sure do love my USA, though. Vote red!

What "Falling gas prices" ?

I'm pretty sure the gas prices skyrocketed for fourth of July and groceries prices and untilies are skyrocketed daily

They're not falling much here in kalifornia - we are still over $5.00 / gal for 87 octane ! ! !

Start taxing non profits like goodwill and giant mega churches. If they gave to the community like they are supposed to for not paying taxes they would not be so rich.

🥳🇺🇲🥳TRUMP🥳🇺🇲🥳