"And because of the action we've taken, gas prices are declining. We're down $1.25 since the peak this summer and [they've] been falling for the last three weeks as well, and adding up real savings for families today. The most common price of gas in America is $3.39, down from over five dollars when I took office." - President Biden, October 27 2022, source: CNN

Source: U.S. Energy Information Administration
Source: U.S. Energy Information Administration