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via cnbc.comEconomy

U.S. average gasoline price falls below $4 for the first time since July

FROM THE WIRE · CNBC.COM

The U.S. average price for regular gasoline fell to $3.9788 a gallon on Nov. 10, below $4 for the first time since July. The national average is down about 17 cents from a week ago and about 39 cents from a month ago, according to AAA.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishLower gasoline prices can ease inflation pressure and support consumer spending.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The U.S. average regular gasoline price fell to $3.9788 a gallon on Nov. 10.
  2. 02It is below $4 for the first time since July.
  3. 03According to AAA, the price is down about 17 cents from a week ago and about 39 cents from a month ago.

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