(Undated) – Thanks to the Federal Reserve hinting that interest rate cuts could be coming, the drop in gas prices has reversed a bit. According to GasBuddy Head of Petroleum Analysis, Patrick De Haan, for the second straight year, we’ve seen the national average stop just short of falling below the $3 per gallon mark, though tens of thousands of gas stations around the U.S. will still have prices at $2.99 or lower. De Haan says despite the current “rebound,” prices over the holiday weekend will have dropped nearly eighty cents per gallon compared to what they were earlier this fall, when the national average reached $3.85 per gallon. The current national average is $3.09 a gallon, just a penny lower than last Christmas.
