Particle.news
Download on the App Store

Gas Prices Sink to Multi‑Year Lows as 36 States Fall Below $3

Analysts link the slide to robust refinery operations alongside increased OPEC output.

Overview

  • GasBuddy puts the national average at $2.897 per gallon, the lowest in over four years, while AAA reports $2.952 as of Monday.
  • AAA counts 36 states with statewide averages under $3, reflecting a broad downturn since the national threshold was crossed on Dec. 2.
  • Regional gaps persist, with California near $4.41 per gallon and Oklahoma around $2.30, far from the national mean.
  • Local averages continue to drop, including Michigan at $2.82 (down 14 cents in a week), Wisconsin at $2.56, and Ohio at $2.70.
  • Patrick De Haan of GasBuddy cites completed refinery maintenance and increased supply as the drivers, with a few dozen stations already under $2 and prices expected to stay pressured barring major disruptions.