Gasoline prices have dropped to their lowest levels in nearly five years and stand at around $2.90 per gallon on average as of Monday, according to data from GasBuddy, a company that tracks gas prices.
“The national average has just slipped below $2.90 per gallon for the first time since May 2, 2021,” GasBuddy analyst Patrick De Haan wrote in a Sunday post on X. He added that “at the current level of $2.897/gal (according to GasBuddy), the national average price of gasoline is at its lowest level in 1,680 days.”
In an analysis posted on Monday morning, GasBuddy said the average price for regular unleaded gas dropped 5 cents “over the last week,” and noted that the average price is down 17.6 cents from a month ago and is 7.3 cents lower than a year ago….