August 17, 2022

Gas prices are dropping across the US. Why now? Which states could hit $3 per gallon?

Featuring Rachel Ziemba

Source: USA Today

Journalist Bailey Schulz

After the national average for gas surpassed $5 per gallon in June, U.S. drivers are finally finding some relief at the pump. But how low could prices go?

...

"There might be a little more relief coming at the pump," said Rachel Ziemba, adjunct senior fellow at the Washington, D.C.-based think tank Center for a New American Security whose research area includes energy. "It's possible that some states could get into the lower threes. I don't see that happening nationally outside of some sort of deep recession, which I wouldn't wish on us."

Read the full story and more from USA Today.

Authors

  • Rachel Ziemba

    Adjunct Senior Fellow, Energy, Economics, & Security Program

    Rachel Ziemba is an Adjunct Senior Fellow at the Center for a New American Security (CNAS). Her research focuses on the interlinkages between economics, finance and security i...