Gas Prices Hit Two-Month Low but Future Uncertainty Looms
National gas prices have fallen due to decreased demand, but potential geopolitical and weather-related disruptions could reverse the trend.
- The national average for a gallon of gas has dropped to $3.41, the lowest since June.
- Diesel prices have also decreased, reaching their lowest point since January 2022.
- Decreased summer demand and high inflation are key factors in the price drop.
- Analysts warn that Middle Eastern tensions and Gulf hurricanes could spike prices again.
- Southern states currently have the cheapest gas prices, while Hawaii remains the most expensive.