Average cost of gas drops to less than $4 per gallon for first time since July
Summary
The national average price of gasoline fell to $3.98 per gallon on Tuesday, dropping below $4 for the first time since July. AAA said this was the first time in 114 days the average had been below that level, after prices rose in the months following the start of the Iran war.Key Facts
- The national average price of gasoline was $3.98 per gallon on Tuesday.
- The average fell below $4 per gallon for the first time since July.
- AAA reported the price figure.
- The average had not been below $4 for 114 days.
- Gas prices rose in the months after the Iran war began.
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