Gas Prices Reach “Multi-year Low” Heading Into Christmas

(Undated) — The national average for a gallon of regular unleaded remains below the three-dollar mark. GasBuddy Head of Petroleum Analysis, Patrick De Haan, says gas prices continued to decline in most states last week, while some price-cycling states saw temporary spikes to “restore margins.” He says that with the national average falling further, we’re now at multi-year lows heading into Christmas. De Haan says diesel prices are also easing, and in the cheapest cities, averages have dipped into the low-$2 range. He says barring any “major disruptions,” prices are likely to stay “relatively low” into the new year. The current national average is $2.94 a gallon, four cents higher than yesterday.