Gas Prices

Is the Peak Price for Gas In the Rearview Mirror?

By: Andrew Gross & Devin Gladden

fall arrives with gorgeous leaves

WASHINGTON, D.C. (September 21, 2023)—The national average for a gallon of gas hit what may be 2023’s peak price of $3.88 earlier this week, only to slide a few cents in the following days.  Today’s average is $3.86 – a penny more than a week ago.

“The recent drop in the national average, while small, is typical this time of year as much of the country makes the switch to less expensive winter blend gasoline,” said Andrew Gross, AAA spokesperson. “But the gradual seasonal decline in prices is being slowed by higher oil costs.”

For the complete report, including the latest EIA data and oil market dynamics, please visit https://gasprices.aaa.com/did-we-reach-the-top-gas-price-for-2023-stay-tuned/