Gas Prices Hit Three-Year Low, Falling Below $3

Gasoline prices in the U.S. have dropped to their lowest point in over three years, with the national average falling to $2.97 per gallon, according to GasBuddy. This decline comes as Americans prepare for holiday travel, with 32 states already seeing averages below $3. The drop is attributed to decreased gasoline demand and increased inventories, alongside OPEC's decision to delay oil output increases. The trend is expected to continue, potentially lowering prices further by Christmas.