According to CoinMeta, as reported by A in early in 2021, the decline in energy prices in July helped to cool down inflation, with gasoline prices falling by 2.9% month-on-month and fuel oil prices dropping by 1.7%. Currently, the average price of gasoline in the United States is $4.03 per gallon, which is higher than $3.87 a month ago. The recent rise in crude oil prices and strong refining profit margins have pushed up fuel costs, and energy may exert new upward pressure on inflation in August.