Fuel Prices in the USA Have Dropped for 70 Days in a Row!

Fuel prices in the US have been discounted for 70 consecutive days. So, how did the gasoline and diesel prices change in Turkey during this process?

With the Russian invasion of Ukraine, the inflation that economists had already expected was felt more rapidly globally. Global with war gas and fuel prices It had risen tremendously. Today, there is news that pleases the American people from the United States, where fuel prices have peaked in recent years.

According to the data of the AAA platform, which monitors fuel prices throughout the USA, the gallon price of gasoline (3.78 liters), fell for 70 consecutive days. The gallon price of gasoline, which saw $5.02 on June 14, has dropped to an average of $3.85 as of today.

Second longest discount chain in US history:

The discount, which took place continuously for 70 days, The biggest discount chain since 2005 it happened. The last and longest discount chain in the US started in 2005 and lasted for 117 days.

So, how did the prices in Turkey change in 70 days?

During the 70-day discount chain in the USA, fuel prices in Turkey fluctuated considerably. During this process, new price records were broken in our country. From this 70 days ago (20 June 2022) and today’s fuel price The difference was as follows:

70-day change in fuel prices in Turkey:

fuel type 20 June 2022 29 August 2022 Change (%)
Gasoline 27.63 TL 21.17 TL -23.38
Diesel 30.07 TL 26.85 TL -10.70

70-day change in fuel prices in the USA (average prices):

fuel type 20 June 2022 29 August 2022 Change (%)
Gasoline $4.98 $3.85 -22.69
Diesel $5.82 $5.05 -13.23

When we look at the two tables above, we can see that the fuel prices in our country have changed almost at the same rate as the USA.

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Source :
https://edition.cnn.com/2022/08/23/energy/gas-prices-inflation/index.html


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