FX.co ★ Gasoline prices in US down to pre-Ukraine conflict levels

US President Joseph Biden has recently posted on Twitter that gas prices in the US are down back to levels they were before the conflict in Ukraine. The American leader noted that the cost of a gallon of gasoline dropped by $1.5 from the summer peak. Currently, the average price per gallon is around $1 at most gas stations in the US. The US president believes that this will ease the burden on American households. He said he had kept his promise to lower gasoline prices in the country and vowed to continue doing so.

In early November, the president announced that the cost of gasoline riched $3,19 a gallon. According to American Automobile Association, the average regular gas price per gallon was $3.8, that is,19% higher than Biden declared.