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Tight refining supply has kept the gap wide between wholesale gasoline futures and retail prices, currently at about $1.25 a gallon, far exceeding the average of 88 cents over the past five years.
By Shariq Khan. NEW YORK (Reuters) - U.S. motorists should see gasoline prices fall below $3 a gallon for the first time in over three years as soon as next month, shortly before they go to vote ...
Here’s why gas could drop below $3. Matt Egan, CNN. December 6, 2023 at 2:44 PM. ... Gas prices are likely to decline another 5 to 7 cents a gallon in the next week, according to Lipow.
The national average price for a gallon of gas are going down in the U.S. with Tuesday's national average just at $3.137, according to AAA.. The amount is 9 cents lower than last week's average ...
Gasoline prices are on a downward trend as the seasonal benefits of the shift to fall in the US outweigh elevated crude oil prices. ... "Gas prices will likely keep dropping until the end of the ...
There are a number of reasons why gas prices may be dropping, since everything from extreme weather events to global oil markets can affect the cost of fuel. Generally, gas prices tend to drop ...
Gas prices are on a downtrend trend, falling below a national average of $3.50 per gallon for the first time since February of this year. The average price of gasoline sat at $3.45 per gallon on ...
Kloza believes gas prices could drop to around $3.25 or $3.50 per gallon, and he doesn’t see this trend reversing until the middle of the first quarter of 2024.