Gas prices may soon drop below $3.00 a gallon, analysts say

Gas Prices Expected to Drop Below $3.00 a Gallon

Analysts predict that gas prices will soon drop below $3.00 a gallon, a first in four years.

According to AAA and GasBuddy, prices are expected to fall due to lower gasoline demand and cheaper winter-blend gasoline.

The national average has dropped more than 5 cents to $3.057 a gallon, down from $3.110 a week ago and $3.186 a month ago.

Last year, the average price was $3.203 a gallon at this time.

Oil has dropped below $60 a barrel, contributing to the downward trend in gas prices.

AAA attributes the lower prices to the end of the summer travel season and the introduction of cheaper winter-blend gasoline.

Autor: Gas prices are falling.

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FOX 2 Detroit FOX 2 Detroit — 2025-10-18

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