AAA: US gas prices could dip below $3 a gallon as summer driving season wraps up and oil declines

Source: Markets Insider

“The average price of a gallon of gas in the US fell to $3.71 Monday, which is $0.26 lower than four weeks ago but remains $0.54 higher than a year ago, according to AAA data. … Andrew Gross, a spokesperson for AAA, said that typically cheaper oil means more relief for drivers, and that it bodes well for prices in the future. ‘This trend has helped pump prices fall steadily for three straight months and, with fall approaching, more markets could soon see prices below $3 per gallon,’ Gross said Monday, per AAA.” (09/12/22)