U.S. Gas Prices Drop Below $3 Amid Global and Domestic Factors

Gas prices across the country have decreased due to falling oil prices and seasonal demand changes, providing some relief to consumers ahead of the presidential election.

Denver gas prices have fallen below $3 per gallon for the first time in over five months, aligning with a national trend of decreasing fuel costs.
The national average for gasoline is now $3.17, marking the lowest level since January 2024, with significant regional variations.
Factors contributing to the decline include reduced oil prices influenced by geopolitical developments and economic conditions in China.
Gas prices are a key issue in the upcoming presidential election, with candidates addressing their economic impacts.
Despite recent hurricanes, Florida's gas supplies have stabilized, and prices have slightly decreased, particularly in North Florida.