Average gas price across the country falls 32 cents|WuestenigelCC BY 2.0

Grappling record-high inflation amid fears of an oncoming recession, Americans have a reason to smile. The average price of regular-grade gas has fallen 32 cents over the past two weeks to $4.54 a gallon.

“Further drops at the pump are likely as the wholesale gasoline price cuts continue making their way to street level,” industry analyst Trilby Lundberg said Sunday.

In the past six weeks, the average gas price at the pump has plunged 55 cents. But it is still $1.32 higher than the same time last year.