Gasoline prices fall to $3 per gallon to hit lowest level since 2021
News Source : Yahoo Entertainment
News Summary
- As of Monday, at least 30 states saw an average of less than $3 at the pump, according to AAA data.
- Lower crude prices and less expensive winter blends give relief to drivers heading into the December holiday season.
- OPEC recently announced it will stick with plans to pause output hikes in early 2026 as prices have come under pressure.JPMorgan's Natasha Kaneva recently forecast that Brent will fall to $58 per barrel in 2026, with West Texas Intermediate trading $4 below this level.
Gasoline prices fell to an average of $3 per gallon this week to hit their lowest level since 2021.As of Monday, at least 30 states saw an average of less than $3 at the pump, according to AAA data [+1984 chars]
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