US EditionGas prices drop below $3 per gallon, lowest since 2021
GasBuddy reports average U.S. gasoline prices at about $2.96 per gallon, the lowest in over four years, driven by lower crude costs, refinery output, and seasonal demand.
- According to GasBuddy data, the nationwide average gas price has dropped below $3 per gallon, reaching $2.961 per gallon on Friday morning, the lowest level since May 9, 2021.
- The steep decline in gas prices is driven largely by falling global oil prices, lower seasonal demand, and rising OPEC output, as stated by GasBuddy's Patrick De Haan.
- While some stations have offered temporary promotions below $2 per gallon, this marks the first time the regular national average has dipped below $2, as noted by GasBuddy.
33 Articles
33 Articles
As gas prices fall nationwide, prices in Richmond area are still high
RICHMOND, Va. (WRIC) -- While gas prices across the nation are on a decline, the Richmond metro area's still fall on the higher side, per a new report. The national average gas price has fallen below $3 for the first time since May 2021, according to a recent report by GasBuddy. "We haven’t seen the national average fall this low in over four years, and the speed and breadth of the decline are remarkable," said Patrick De Haan, head petroleum an…
U.S. National Average Gas Price Falls Below $3/gal, Lowest Level Since 2021
Average U.S. gas prices now stand at lowest level in over 1,660 days DALLAS, TX, November 28, 2025 — GasBuddy®, North America’s trusted source for fuel savings for more than 25 years, today reports that the national average price of gasoline has fallen below $3 per gallon for the first time since May 2021— marking a significant milestone for motorists as the country heads deeper into the winter driving season. According to GasBuddy data, average…
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