
Gasoline prices fell to an average of $3 per gallon this week to hit their lowest level since 2021.
As of Monday, at least 30 states saw an average of less than $3 at the pump, according to AAA data, as lower crude prices and less expensive winter blends give relief to drivers heading into the December holiday season.
“With refinery maintenance largely complete and OPEC increasing oil production for December, oil prices have struggled," GasBuddy's Patrick De Haan said on Monday.
"Combine those factors, and you have a solid recipe for continued downward pressure on gas prices in the weeks ahead."
https://finance.yahoo.com/news/gasoline-prices-fall-to-3-per-gallon-to-hit-lowest-level-since-2021-110039889.html
Posted by yahoofinance
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Winter means lots of northern refineries can blend more butane than alky, which keeps prices down.