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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.
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