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The average price of gasoline in the U.S. fell below $4 per gallon Thursday for the first time in months, offering some respite to drivers.
The national average price for regular unleaded gas dropped to $3.99 a gallon on Thursday, according to the American Automobile Association. That price is the lowest it’s been since early March.
Gasoline prices surged to a record high in June at $5.02 per gallon amid Russia’s war in Ukraine, according to AAA data.
The AAA had anticipated that the national average could drop to below $4 this month as fears of major restrictions on supply have eased since Moscow first launched its invasion in February.
