Gas Prices Continue to Fall Nationwide

(Undated) — Nearly every state saw average gas prices fall heading into Thanksgiving. According to GasBuddy Head of Petroleum Analysis, Patrick De Haan, the national average dipped below $3 per gallon for several consecutive days, falling to $2.95 per gallon over the weekend, the lowest level since May 2021. He says that with refinery maintenance largely complete and OPEC increasing oil production for December, oil prices have struggled. Combine those factors, and you have a solid recipe for continued downward pressure on gas prices in the weeks ahead. De Haan says a few dozen stations are already offering gas under $2 per gallon, and we could see that number grow as we move further into the holiday season. The current national average is $3 a gallon.