"AAA Predicts Continued Decline in Gas Prices, More Drops Expected"

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Source: Fox Business
"AAA Predicts Continued Decline in Gas Prices, More Drops Expected"
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TL;DR Summary

Gas prices in the US are on a downward trend, with the average price dropping to $3.10 per gallon, 25 cents less than a month ago and 11 cents less than a year ago, according to AAA. If oil prices remain low, drivers can expect further declines in pump prices during the holiday season. AAA forecasts that around 104 million Americans will drive to their holiday destinations this year, and they may see gas prices fall below $3 per gallon by the end of the year. GasBuddy also reports that gas prices have hit their lowest point of 2023, with nearly 80,000 gas stations in the US priced below $3 per gallon.

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