National Gas Prices Fall to $3 Per Gallon

Gas prices in the U.S. have fallen to an average of $3.00 per gallon, marking the lowest level since May 2021, with a significant drop of 23.2 cents compared to last year. Over 100,000 gas stations now offer prices below $2.99 per gallon, as the national average has decreased for the seventh consecutive week. While some regions experienced slight price increases due to holiday travel, most areas saw stability or declines in gas prices. Experts, including Patrick De Haan from GasBuddy, predict that these lower prices may persist through the holiday season, although potential impacts from OPEC's decisions and tariffs could influence future trends. The price of diesel has increased slightly, now averaging $3.514 per gallon. The fluctuating gas prices reflect various global and domestic factors, including ongoing geopolitical tensions and economic conditions.