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EIA: Gas Prices Drop 11 Cents Weekly Despite Inflation

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Story summary
  • U.S. President Donald Trump told a Clarksville rally his administration lowered costs and oil prices.
  • The Energy Information Administration reported regular gasoline fell about 11 cents for the week ending October 5.
  • Gasoline remained $1.23 per gallon above its level a year earlier.
  • The Bureau of Labor Statistics reported consumer prices rose 3.4% year-over-year through August.
  • The Tennessee Democratic Party warned families face high bills despite the president’s affordability claims.