US gasoline falls below $4 a gallon for the first time in months
The average price of a gallon of regular gasoline in the United States fell below $4 this week, to $3.94, according to AAA. The roughly 40-cent drop over the past month is explained by the seasonal switch to winter blend, with lower demand, and above all by the decline in Brent crude, near $90 a barrel, amid diplomatic efforts between the US and Iran. Analysts warn that an escalation of the conflict could reverse the trend.
In 40 seconds
- AAA reports a national average of $3.94 per gallon of regular gasoline, after crossing the $4 threshold on Tuesday
- Prices fell about 40 cents over the past month, much of it in the past two weeks
- The switch to winter blend and lower autumn demand explain part of the relief at the pump
IASummary generated by artificial intelligence from a story by NPR. It may contain errors: the original source prevails.





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