US gas prices declined to $4.113 Friday, down from $4.800 a month ago. But prices remain 28.9% higher than last year, according to AAA data. Expensive pump prices in addition to soaring inflation has put pressure on Americans, and demand has shown signs of waning even through the typically-high demand summer driving season. Data from the Energy Information Administration revealed that gas demand dropped from 9.25 million barrels per day to 8.54 million barrels per day last week. That's on par with demand levels at the end of July 2020 when the COVID-19 pandemic kept drivers off the road. {chart} The EIA also noted ... (full story)