Gas prices have dipped after hitting highs not seen since 2014, though the decline could be temporary. The national average per gallon dipped nearly 3 cents to $3.14, according to GasBuddy. That’s 4.7 cents down from a month ago and nearly a dollar from July 2020. A big reason for the decline? Crude oil prices dropping last week, with the potential for another dip in the near future as Organization of the Petroleum Exporting Countries reached a deal to boost production next month. Another reason is the Delta variant of the CCP (Chinese Communist Party) virus, which causes COVID-19. “With oil prices struggling under the weight of a rise in new Covid cases thanks to the Delta variant and OPEC’s increase in oil production, average gas prices in most states finally drifted lower,” Patrick De Haan, head of petroleum analysis for GasBuddy, said in a statement. Crude oil was trading at …
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