US Gas Prices Drop To Four Dollars Following Midterms

US gas prices dropped to $4 per gallon just days after the midterm elections.

Gasoline prices across the United States fell to $4 per gallon just days after the midterm elections. The administration credited the drop to thwarted foreign efforts to inflate oil costs prior to the vote. Crude markets saw steady declines over the preceding week.

• The price levelRetail gasoline reached the $4 per gallon mark following the recent vote.
• The administration reactionOfficials credited the decline to the failure of foreign efforts to manipulate oil markets before the election.
• Market trendsCrude oil prices recorded a steady downward movement over the course of the week.