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U.S. Gas Prices Drop to $2.90 Average, Lowest Since 2021

Analysts tie the decline to completed refinery maintenance, with increased OPEC output reinforcing the trend.

Overview

  • GasBuddy pegs the national average for regular at $2.897 per gallon, the lowest in 1,680 days.
  • AAA reports about $2.95 per gallon nationally, with 36 states now averaging under $3.
  • Regional gaps remain wide, led by California around $4.41 per gallon and Oklahoma near $2.30.
  • GasBuddy says supply-side factors are putting continued downward pressure on pump prices as the holidays approach.
  • The White House credits President Trump’s energy policies for lower costs, while GasBuddy attributes the drop to market dynamics.