economy
Gas prices: National average drops 56 cents in a month to $3.97 per gallon
The national average price for regular gas decreased again on Friday, dropping to $3.973 per gallon. It marked the fourth straight week that the national average price for a gallon of regular gas dropped in the U.S., and a 56-cent-per-gallon decrease in fuel costs over the last month.
TL;DR
- National average gas price dropped to $3.973 per gallon on Friday.
- This is the fourth straight week of decreasing gas prices.
- Fuel costs have decreased by 56 cents per gallon in the last month.
- The price is below $4 per gallon for the first time on back-to-back days since March.
- A peace deal between the U.S. and Iran reopened the Strait of Hormuz for oil tankers.
- Gas prices in 2026 have fluctuated due to weather, geopolitics, and war.