Gas Prices Could Drop Below $3 by Christmas

We may be getting a Christmas miracle at the pumps. According to price tracker Gas Buddy, gas prices could drop below $3 by Christmas.

“It’s entirely possible the national average price of gasoline could fall under $3 per gallon by Christmas, which would be a huge gift to unwrap for motorists after a dizzying year at the pump,” says Patrick De Haan, Gas Buddy’s head of petroleum analysis.

On Wednesday, AAA put the U.S. average per gallon at $3.49.

The cost of gas could plummet below $3 a gallon by Christmas.

Here’s why — and how long low prices might last. https://t.co/Mng1nR88EO

— The Washington Post (@washingtonpost) November 30, 2022