U.S. Gas Prices Reach Three-Year Low

Gas prices in the U.S. have reached a three-year low, with the national average falling below $3.00 per gallon, a decline attributed to increased supply and reduced demand. In Mississippi, prices have dropped to an average of $2.60, while Modesto reports an average of $3.98, showing significant decreases compared to previous months. Some regions are seeing even lower prices, with Carthage, MS, at $2.37 and Kansas City averaging $2.68. AAA noted that 32 states have averages below $3, with Texas having the lowest at $2.30. This trend is expected to continue, potentially dropping another 10 to 15 cents by Christmas, providing relief to holiday travelers. The national average for diesel has also declined to $3.49 per gallon.