National Gas Prices Fall to $3.38

The national average price for gasoline has dropped to $3.38 per gallon, marking a significant decrease of 47 cents compared to last year, with expectations of further declines possibly reaching $3.00 by the end of the year. This reduction is attributed to improved supply conditions and stable oil prices, alongside rising gasoline production. Meanwhile, gas prices in Prince Edward Island have also fallen, with a decrease of 6.9 cents to $1.666 per liter, reflecting seasonal trends as summer ends. In Pakistan, petrol prices are anticipated to drop by Rs5.9 per liter, aligning with a decrease in international rates. Experts warn, however, that potential hurricane disruptions could impact prices as the season progresses. Overall, the trend indicates a broader decline in fuel costs across various regions, providing relief for consumers.