American gas prices remained elevated on Thursday. Secretary Bessent claimed the national average price would drop to $3 sometime between June and September.
WASHINGTON — American gas prices continued to drop on Thursday, despite uncertainty over the ceasefire talks with Iran and trade in the Strait of Hormuz amid a military blockade, although prices remained elevated when compared with pre-war levels.
The national average for a gallon of regular gasoline was $4.093 on Thursday, according to AAA, a drop from Tuesday’s average of $4.108.
On Wednesday, Treasury Secretary Scott Bessent claimed that $3 per gallon
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