Gas Prices Continue to Trend Lower

(Undated) – The election has come and gone and the national average for a gallon of regular unleaded has “stayed the course.” According to GasBuddy Head of Petroleum Analysis, Patrick De Haan, the national average price of gasoline has declined for a fourth consecutive week as seasonal demand weakens and Americans begin to take refuge from falling temperatures. De Haan says while some may be surprised by the declines, this was anticipated in GasBuddy’s annual Fuel Outlook released last December. He says with the median U.S. gas price now at $2.95 per gallon, the lowest since 2021, it appears to be just a matter of time before the national average falls below $3 per gallon for the first time since May 2021. The current national average is $3.05 a gallon.