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How low will gas prices fall?
Key takeaways
- Charley Blaine Sat, June 20, 2026 at 12:47 AM GMT+7 5 min read Driving into a gas station to fill your car's gas tank is becoming less painful by the day,
- Gas prices have fallen below $4 a gallon for the first time since the end of March in much of the United States and about 13% on average since peaking around $4.57 in mid-May, using data from AAA and Gas Buddy.
- National Average, by GasBuddy's calculation, was about $3.95 a gallon on June 18.
How low will gas prices fall? Charley Blaine Sat, June 20, 2026 at 12:47 AM GMT+7 5 min read Driving into a gas station to fill your car's gas tank is becoming less painful by the day,
Gas prices have fallen below $4 a gallon for the first time since the end of March in much of the United States and about 13% on average since peaking around $4.57 in mid-May, using data from AAA and Gas Buddy. The possibility of a cease-fire between the United States and Iran taking effect over the weekend and the Strait of Hormuz reopening in the next month or so should mean this: Lower oil prices and lower gas prices are ahead.
The U.S. National Average, by GasBuddy's calculation, was about $3.95 a gallon on June 18. AAA's estimate was $3.999.
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