U.S. gasoline prices have fallen for a sixth consecutive week, slipping below $4 per gallon nationally, as easing concerns over global oil supplies and improving prospects for shipping through the Strait of Hormuz provided relief for motorists during the peak summer travel season.
The national average price for regular gasoline stood at $3.93 per gallon on June 23, according to the American Automobile Association, or AAA, down from $3.99 a week earlier and more than 58 cents below levels seen a month ago.
Separate data from fuel-tracking service GasBuddy showed prices fell 14.1 cents over the past week to an average of $3.85 per gallon on Monday, extending a decline that has erased roughly 15 percent from gasoline prices since their May peak….