Market News
Gasoline prices drop below $3 per gallon to hit lowest level since 2021 - YAHOO FINANCE
Gasoline prices fell just below $3.00 per gallon this week, their lowest level since 2021.
As of Wednesday, at least 30 states saw an average the $3 mark at the pump, according to AAA data, as lower crude prices and less expensive winter blends give relief to drivers heading into the December holiday season.
"With refinery maintenance largely complete and OPEC increasing oil production for December, oil prices have struggled," GasBuddy's Patrick De Haan said on Monday.
"Combine those factors, and you have a solid recipe for continued downward pressure on gas prices in the weeks ahead," he added.
De Haan noted some stations in the Midwest have even seen prices slip below $2 per gallon, with that number expected to grow as the Christmas holiday season approaches.




