Will gas prices keep falling? It’s likely, but Mother Nature could interrupt that
- U.S. gas prices have dipped below $4 a gallon nationwide for the first time since March, with 28 states already under that mark.
- The decline is tied in part to a U.S.-Iran agreement to reopen the Strait of Hormuz and analysts expect prices to keep easing in the coming weeks.
- A big caveat: a major Gulf hurricane could quickly push pump prices back up, though NOAA currently forecasts a below‑normal season thanks to a strong El Niño.