Present at the pump: National gas price average could dip below $3 by Christmas

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As millions of Americans hit the road for Thanksgiving, the nation’s average gas prices continued dropping coast to coast.

The national average cost of fuel is $3.52 per gallon, down 22.7 cents from a month ago, according to Gas Buddy, continuing a downward trend for the third straight week in a row.

“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,” Gas Buddy analyst Patrick De Haan said in aAccording to Gas Buddy, the most common U.S. gas price drivers see is $3.39 per gallon.

Gas Buddy reports the states with the lowest average prices include Texas, Oklahoma and Arkansas. Hawaii, California and Nevada maintain the highest average prices.

 

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