US EditionGas prices drop below $3 per gallon, lowest since 2021
National average gas price fell to around $2.95 per gallon due to lower crude prices, higher refinery output, and increased oil production despite holiday travel demand.
- Gas prices have fallen below $3 per gallon, the lowest since May 9, 2021, according to GasBuddy Head of Petroleum Analysis Patrick De Haan.
- All 50 states experienced a decline in average gas prices over the past week, indicating an unusual broad decrease.
- The drop in prices is attributed to easing crude oil costs, increased refinery output, and softer seasonal fuel demand, as reported by GasBuddy.
- Industry analysts predict that the national average could remain below $3 for several weeks, likely extending into mid-February.
68 Articles
68 Articles
Gas Prices Plunge to Lowest Levels in Years… Except in California
The nationwide average for regular gas is at its lowest level in 1,681 days — and trending lower, the White House announced this week… except in California, where the average price per gallon of gas is $4.43. According to GasBuddy, average gas prices have dipped below $3 per gallon in 37 states, below $2.75 per gallon in 22 states, and below $2.50 per gallon in five states… except in California. AAA reports the national average for a gallon of g…
In an analysis of AAA and GasBuddy it was determined that the price of gasoline nationally has fallen to its lowest levels
U.S. gas prices drop below $3 a gallon for first time in more than four years
For the first time in more than four years, the average price for a gallon of gasoline in the United States dropped below $3 on Tuesday, according to AAA.The average gallon of regular gas in the U.S. fell to $2.998, marking the lowest price since May 2021.Gas prices plunged in 2020 due to the COVID-19 pandemic, as fewer Americans traveled.As the U.S. recovered from the pandemic, gas prices climbed to record levels, reaching $5 a gallon in 2022.P…
Average US Gas Price Falls below $3 a Gallon for the First Time in over Four Years - Hungarian Conservative
Drivers in the United States woke up today to good news they have not heard since May 2021: the average gallon of regular gasoline has fallen below $3 a gallon in the country, according to AAA’s tracker. The last time the key figure was below $3 was on 11 May 2021, over four and a half years ago, when it stood at $2.985. Today, 2 December 2025, the ticker went below $3 again, and is at $2.998. Back in September, the second Trump administration’s…
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