Why is gasoline suddenly under $4 a gallon?

AUSTIN, TEXAS - NOVEMBER 26: A gas pump is seen in a vehicle on November 26, 2025 in Austin, Texas.

The average price of a gallon of gasoline dipped below $4 this week for the first time in months. Does that mean more relief is coming for drivers?

(Image credit: Brandon Bell)

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Source: NPR.

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