Gas Prices

Slow and Steady – Gas Prices Keep Falling For Now

By: Andrew Gross & Devin Gladden

man pumping gas as price rises

WASHINGTON, D.C. (November 2, 2023)—Maintaining a steady if unspectacular pace, the national average for a gallon shaved off nine cents since last week, falling to $3.44. The primary reasons are flat demand at the pump and lower costs for oil.

“There are now thousands of gas stations selling regular below $3 a gallon and even a few that have dipped below $2,” said Andrew Gross, AAA spokesperson. “We still need to watch global events for the effect on oil prices, but for now, drivers will benefit from falling prices with every visit to the pump.”

For the complete report, including the latest EIA data and oil market dynamics, please visit https://gasprices.aaa.com/slow-and-steady-gas-prices-keep-edging-lower/