{"id":85383,"date":"2026-06-22T20:16:38","date_gmt":"2026-06-23T00:16:38","guid":{"rendered":"https:\/\/tvdelmarva.com\/wp\/gas-prices-drop-for-sixth-week-in-a-row-down-15-from-may-high\/"},"modified":"2026-06-22T20:16:38","modified_gmt":"2026-06-23T00:16:38","slug":"gas-prices-drop-for-sixth-week-in-a-row-down-15-from-may-high","status":"publish","type":"post","link":"https:\/\/tvdelmarva.com\/wp\/gas-prices-drop-for-sixth-week-in-a-row-down-15-from-may-high\/","title":{"rendered":"Gas Prices Drop for Sixth Week in a Row, Down 15% From May High"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"450\" height=\"301\" src=\"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/06\/news-1782173798121.jpg?resize=450%2C301&#038;ssl=1\" alt=\"\" class=\"wp-image-85382\" srcset=\"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/06\/news-1782173798121.jpg?w=450&amp;ssl=1 450w, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/06\/news-1782173798121.jpg?resize=300%2C201&amp;ssl=1 300w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/><\/figure>\n\n\n<p>Drivers across the country are getting a break at the gas pump, with prices falling for the sixth week in a row and now sitting 15% below their peak from May, according to new data released Monday.<\/p><p>The national average dropped 14.1 cents per gallon over the past week, landing at $3.85 per gallon on Monday, based on figures from price-tracking service GasBuddy.<\/p><p>The declines were widespread across the country. Colorado saw one of the sharpest drops, with prices falling 25 cents per gallon in just one week. Arizona followed with a 22-cent drop, and Ohio saw a 21-cent decrease, GasBuddy reported.<\/p><p>The falling prices could take some political pressure off President Donald Trump and fellow Republicans, who are fighting to maintain slim majorities in Congress heading into November&#8217;s midterm elections. High consumer prices have been a source of criticism for the party.<\/p><p>StoneX analyst Alex Hodes said the price decline should help ease inflation. However, Hodes cautioned that expecting energy flow through the Strait of Hormuz off the coast of Iran to return to normal is a &#8220;large assumption,&#8221; and that setbacks could emerge in the months ahead.<\/p><p>While two smaller crude oil tankers did pass through the Strait of Hormuz on Monday, Iran claimed it had shut the waterway again over the weekend. Overall traffic through the strait remains well below what it was before the conflict began in late February.<\/p><p>Patrick De Haan, who leads petroleum analysis at GasBuddy, said gasoline prices are not at serious risk of a sudden spike as long as some vessels continue moving through the strait. However, he warned that a breakdown in U.S.-Iran relations could change that picture quickly.<\/p><p>Additional threats to the recent price relief include tightening fuel supplies from refinery shutdowns and the start of the Atlantic hurricane season. Last week, a lightning strike knocked out power at TotalEnergies&#8217; 238,000-barrel-per-day refinery in Port Arthur, Texas, forcing it offline. A full restart is expected within seven days.<\/p><p>Adding to supply concerns, a fire broke out Sunday at Marathon Petroleum&#8217;s Galveston Bay Refinery in Texas City, Texas \u2014 a facility capable of processing 631,000 barrels per day.<\/p>","protected":false},"excerpt":{"rendered":"<p>American drivers are seeing relief at the gas pump as prices have fallen for six consecutive weeks, reaching a national average of $3.85 per gallon. U.S.-Iran diplomacy is credited with helping push prices down, though analysts warn that supply risks remain. Refinery outages and the approaching hurricane season could reverse the recent trend.<\/p>\n","protected":false},"author":4,"featured_media":85382,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[834],"tags":[],"class_list":["post-85383","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/06\/news-1782173798121.jpg?fit=450%2C301&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pbtNqq-md9","jetpack-related-posts":[{"id":43562,"url":"https:\/\/tvdelmarva.com\/wp\/federal-gas-tax-suspension-considered-as-prices-near-4-per-gallon\/","url_meta":{"origin":85383,"position":0},"title":"Federal Gas Tax Suspension Considered as Prices Near $4 Per Gallon","author":"Admin","date":"March 27, 2026","format":false,"excerpt":"Congressional lawmakers are proposing to temporarily halt the federal gasoline tax as pump prices approach $4 nationwide due to tensions with Iran. The measure would eliminate the 18.4 cent per gallon federal tax, though President Trump has suggested states should consider cutting their own fuel taxes first.","rel":"","context":"In &quot;Politics&quot;","block_context":{"text":"Politics","link":"https:\/\/tvdelmarva.com\/wp\/category\/politics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1774643865950.jpg?fit=1000%2C666&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1774643865950.jpg?fit=1000%2C666&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1774643865950.jpg?fit=1000%2C666&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1774643865950.jpg?fit=1000%2C666&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":45857,"url":"https:\/\/tvdelmarva.com\/wp\/states-debate-gas-tax-cuts-as-fuel-prices-soar-above-4-per-gallon\/","url_meta":{"origin":85383,"position":1},"title":"States Debate Gas Tax Cuts as Fuel Prices Soar Above $4 Per Gallon","author":"Admin","date":"April 1, 2026","format":false,"excerpt":"With gasoline prices exceeding $4 nationally, only Georgia and Utah have temporarily cut their state gas taxes to help drivers. Other states are hesitant due to budget concerns and questions about whether consumers would actually see meaningful savings.","rel":"","context":"In &quot;Politics&quot;","block_context":{"text":"Politics","link":"https:\/\/tvdelmarva.com\/wp\/category\/politics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1775072260566.jpg?fit=1000%2C666&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1775072260566.jpg?fit=1000%2C666&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1775072260566.jpg?fit=1000%2C666&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1775072260566.jpg?fit=1000%2C666&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":83562,"url":"https:\/\/tvdelmarva.com\/wp\/us-gas-prices-dip-below-4-for-first-time-since-march\/","url_meta":{"origin":85383,"position":2},"title":"US Gas Prices Dip Below $4 for First Time Since March","author":"Admin","date":"June 18, 2026","format":false,"excerpt":"Average gas prices in the United States have dropped just below $4 per gallon for the first time since March, following a ceasefire agreement between the U.S. and Iran. Despite the dip, prices remain roughly 25% higher than they were a year ago. Experts warn it could take weeks or\u2026","rel":"","context":"In &quot;Business&quot;","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/06\/news-1781785936364.jpg?fit=1000%2C562&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/06\/news-1781785936364.jpg?fit=1000%2C562&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/06\/news-1781785936364.jpg?fit=1000%2C562&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/06\/news-1781785936364.jpg?fit=1000%2C562&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":58765,"url":"https:\/\/tvdelmarva.com\/wp\/gas-prices-hit-nearly-4-year-peak-as-middle-east-conflict-refinery-issues-drive-costs-up\/","url_meta":{"origin":85383,"position":3},"title":"Gas Prices Hit Nearly 4-Year Peak as Middle East Conflict, Refinery Issues Drive Costs Up","author":"Admin","date":"April 28, 2026","format":false,"excerpt":"American drivers are paying an average of $4.18 per gallon for gasoline, marking the highest prices in almost four years. The surge stems from ongoing Middle East conflicts disrupting oil shipments and multiple U.S. refineries experiencing maintenance shutdowns.","rel":"","context":"In &quot;Business&quot;","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1777400566536.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":65616,"url":"https:\/\/tvdelmarva.com\/wp\/federal-gas-tax-holiday-could-save-delaware-drivers-35-over-four-months\/","url_meta":{"origin":85383,"position":4},"title":"Federal Gas Tax Holiday Could Save Delaware Drivers $35 Over Four Months","author":"Admin","date":"May 12, 2026","format":false,"excerpt":"President Trump is pushing for a temporary suspension of the federal gas tax to help families struggling with high fuel costs amid the ongoing conflict with Iran. However, experts warn that drivers may not see the full 18.4 cents per gallon savings, and the move could cost billions in highway\u2026","rel":"","context":"In &quot;Politics&quot;","block_context":{"text":"Politics","link":"https:\/\/tvdelmarva.com\/wp\/category\/politics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/05\/news-1778625510807.jpg?fit=1000%2C668&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/05\/news-1778625510807.jpg?fit=1000%2C668&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/05\/news-1778625510807.jpg?fit=1000%2C668&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/05\/news-1778625510807.jpg?fit=1000%2C668&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":30988,"url":"https:\/\/tvdelmarva.com\/wp\/gas-prices-spike-11-cents-overnight-amid-middle-east-tensions\/","url_meta":{"origin":85383,"position":5},"title":"Gas Prices Spike 11 Cents Overnight Amid Middle East Tensions","author":"Admin","date":"March 3, 2026","format":false,"excerpt":"Motorists across the nation are paying 11 cents more per gallon as gas prices jumped to approximately $3.11 overnight, according to AAA. The sudden increase comes as oil markets surge due to escalating military tensions between the U.S. and Iran.","rel":"","context":"In &quot;Business&quot;","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1772548529547.jpg?fit=1000%2C612&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1772548529547.jpg?fit=1000%2C612&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1772548529547.jpg?fit=1000%2C612&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1772548529547.jpg?fit=1000%2C612&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts\/85383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/comments?post=85383"}],"version-history":[{"count":0,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts\/85383\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/media\/85382"}],"wp:attachment":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/media?parent=85383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/categories?post=85383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/tags?post=85383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}