Expert Predicts Gas Prices Will Remain Below $3 Until After the Holidays

Reported 14 days ago

Gas prices have dropped to nearly $3 per gallon, marking the lowest levels since January, largely due to seasonal trends and lower oil prices. Expert Patrick De Haan from GasBuddy anticipates that these low prices will persist through the winter months, potentially staying below $3 until after the holidays, as consumer driving decreases and winter-grade gasoline is adopted. However, geopolitical factors like U.S.-Russia and U.S.-China relations could pose risks for future price increases.

Source: YAHOO

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