U.S. gas prices continue to trend downward on the back of rising domestic oil output and cooling global inflation. The average price per gallon of regular gasoline in the U.S. is $3.09 as of Wednesday, according to data from AAA -- and the median price is even lower, at $2.79 per gallon.
Average U.S. gas prices have not dipped below $3.10 per gallon since April 2021, still at the height of the Covid-19 pandemic.
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