U.S. Gasoline Prices Could Fall Below $3 By Christmas | OilPrice.com

The average gasoline price in the United States dropped this week to a level last seen in early February, before the Russian invasion of Ukraine that roiled markets and sent fuel prices soaring through the summer.

The national average was $3.47 per gallon as of December 1, per AAA data, which is below the $3.54/gal average on the day when Russia invaded Ukraine, February 24.

The current average is now less than $0.10 higher than the $3.385/gal gas price at this time last year.