US Gas Prices Drop For Fourth Consecutive Week, New 4-Y Low
US Gas prices have reached a new four-year low, after dropping across the country for the fourth consecutive week. The nation’s average price of gasoline has fallen 1.3 cents compared to a week ago, and stands at $3.02 per gallon, according to GasBuddy. JUST IN: US gas prices drop for the fourth consecutive week, reaching a four-year low. — Watcher.Guru (@WatcherGuru) March 18, 2025 Several analysts credit uncertainty over the state of the economy, including President Donald Trump’s tariffs, as the reason behind the drop. “As concerns over tariffs and policy uncertainties grow, gas prices have continued to decline across much of the country, raising the possibility that the national average could slip below $3 per gallon and approach some of the lowest prices seen in years,” said Patrick De Haan, head of petroleum Analysis at GasBuddy. Will the Gas Price Decline Do More Harm than Good? However, the analyst adds, “This decline shouldn’t necessarily be celebrated, as it comes with...