Gasoline prices have dropped below $3.00 per gallon, the lowest since 2021, with at least 30 states hitting the mark. OPEC’s increased oil production and lower crude prices are bringing relief to drivers this holiday season. Some Midwest stations are already below $2 per gallon, with more expected as Christmas approaches. OPEC’s decision to pause output hikes aligns with efforts to lower prices. Analysts predict Brent will fall to $58 per barrel in 2026, with further declines expected in 2027. Despite robust demand, oversupply remains a challenge.
Read more at Yahoo Finance: Gasoline prices drop below $3 per gallon to hit lowest level since 2021
