economy
Gas Prices: Drop 16 Cents Per Gallon in One Week to $4.16
The national average price for regular gas continued its downward trend on Monday, the start of the work week, falling to $4.164 per gallon, according to AAA. It marks the third consecutive week that fuel costs have decreased.
TL;DR
- The national average price for regular gas decreased to $4.164 per gallon.
- This is the third consecutive week of declining fuel costs.
- Gas prices have dropped 38 cents per gallon since the record high on May 21.
- Airstrikes in the Middle East between Iran and Israel could impact future price decreases.
- Gas prices previously reached a five-year low of $2.79 per gallon on January 12, 2026.
- Prices surged in early spring following Operation Epic Fury, which began on February 28.