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  • 7 hours ago
US gasoline prices fell 40 cents in a week to an average of $4.29 per gallon. GasBuddy warns the relief may be temporary as hurricane risks, refinery uncertainty and geopolitical tensions persist.

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00:00It's Benzinga bringing Wall Street to Main Street
00:03Gasoline prices fell $0.40 over the past week to a national average of $4.29 per gallon,
00:08according to GasBuddy.
00:09Diesel prices also declined $0.06 to just over $6.25 per gallon.
00:14Prices remain higher than last month and are up nearly $0.13 per gallon from a year ago.
00:19The declines offer relief to consumers facing higher fuel costs since the war in Iran began
00:24in February.
00:24However, GasBuddy petroleum analyst Patrick DeHaan warned that lower prices may not last.
00:30He cited uncertainty surrounding refineries in the path of Hurricane Isaias, geopolitical
00:35tensions and President Trump's proposed diesel deal with Russia.
00:38DeHaan said the deal raises more questions than answers.
00:41He cautioned that it is too early to declare the pressure on fuel prices resolved.
00:44For all things money, visit Benzinga.com

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