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Jun 13, 2023Pump Prices Tumble 20% in Key Swing States Ahead of Election - Bloomberg
Nov 01, 2024A driver refuels in Royal Oak, Michigan.
Days before a neck-and-neck presidential race, pump prices — one of the most salient data points consumers use to gauge inflation — are tumbling in key swing states.
In Michigan, Wisconsin, Nevada and Arizona, retail fuel prices have fallen at least 20% since the 2022 midterm election, according to the four-week averages of data from AAA. Nationwide, prices are down 17% while, in the battleground states of Georgia and Pennsylvania, they’ve fallen 11% and 16%, respectively.