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Why are gas prices dropping and how low will they go?
The national average price for regular gasoline fell below $4 per gallon for the first time since July, dropping nearly 20 cents in a week to $3.90.
4 trends tracked about this subject — the full history, oldest to newest below.
The national average price for regular gasoline fell below $4 per gallon for the first time since July, dropping nearly 20 cents in a week to $3.90.
US crude oil inventories post a fifth straight weekly drop as diesel stocks hit their lowest level since 2003.
U.S. crude oil stockpiles register a sharp weekly decline, driving gains for Brent crude according to multiple financial outlets.
Global fuel markets face severe tightness and a looming ship fuel shortage as refiners strained by ongoing wars favor alternative products.