The national average price for regular gasoline is expected to sit around $3 per gallon, according to automobile club AAA. Many states will see their averages fall below $3.
GasBuddy head of petroleum analysis Patrick De Haan forecasts the national average for regular gas to drop 32 cents per gallon in December and the price of diesel to retreat even more on 'Varney & Co.'is projected to hover around $3 during the Christmas holiday, according to AAA.
Many states, although not all, could even see the average price drop well below $3, AAA spokesperson Andy Gross told FOX Business. "For the bulk of the country, outside of Washington, California, Nevada, Oregon and Hawaii … gas prices are going to be probably well below $3 a gallon, Gross said. Fifteen states have already seen their averages fall below that mark, he added.
As of Tuesday, the national average for regular gasoline is $3.24 per gallon, down 14 cents from a week ago and 9 cents from a year ago, according to the automobile club. Last Christmas, the national average was $3.28 per gallon, but prices began to spike a few months later as a result of Russia's war on Ukraine. By early June, theyGas pump is filling up a vehicle at a Chevron gas station on Dec. 05, 2022 in Houston, Tex.
This decline isn't terribly unusual during this time of year, given the bad weather and shorter days, Gross said. is kind of coming into play right now and people just don't drive as much this time of year," Gross said. "The weather's kind of crummy, the days are shorter … and there's also the hybrid working feature." According to the Energy Information Administration, drivers only used 8.
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