Lower gasoline prices could be the new norm for another year, market experts say.
A man puts gas at a gas station in Elkridge, Md. Madalina Kilroy/The Epoch Times
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U.S. gasoline prices dropped below $3 per gallon for the first time in more than four years, according to the American Automobile Association.
As of Dec. 2, the national average for a gallon of gas was $2.998—the lowest since May 2021. Pump prices have also fallen about six cents in the past week and are down from a year ago.
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”
