economy
Gas prices drop to $3.86 per gallon, the lowest national average price since March
The national average price for a gallon of regular gas continued to drop on Monday, even after the tit-for-tat military strikes between Iran and the United States occurred in recent days. Gas prices dropped nearly 7 cents from a week ago to $3.86 per gallon on Monday, according to AAA. It is the lowest price for a gallon of regular gas since March 19, when it was $3.88 per gallon.
TL;DR
- National average price for a gallon of regular gas dropped to $3.86 on Monday.
- This is the lowest price since March 19, when it was $3.88.
- Gas prices have dropped nearly 7 cents from a week ago.
- Prices have steadily decreased since May 21, after reaching a 2026 high of $4.564.
- The pace of price decreases has slowed in recent weeks.
- Over the past month, fuel costs have dropped by 53 cents per gallon.