Gas prices fall below $4 for the first time in months, lowest since July
Prices dip below four dollars
AAA put the national average at $3.97 per gallon on Tuesday. That was about 3 cents lower than Monday and roughly 39 cents below the level a month earlier.
The decline brought prices to their lowest point since July. The report described the move below $4 as the first time in months.
Seasonal changes may help
Refineries have switched to winter gasoline blends, which typically cost slightly less than summer blends. Summer fuel can be sold at stations starting as early as mid-September. Colder weather often means fewer drivers on the road, reducing fuel demand. AAA said prices could drop by 10 to 30 cents per gallon during the winter months.
Supply pressures remain relevant
The article described prices as volatile even as the national average declined. Seasonal factors could support further decreases, while supply constraints have affected the market.
Key points
- AAA reported a Tuesday national average of $3.97 per gallon.
- The average fell about 3 cents from Monday and roughly 39 cents from a month earlier.
- Winter blends typically cost slightly less than summer gasoline.
- AAA said winter prices may fall 10 to 30 cents per gallon.