The national average price of gasoline has fallen below $4 per gallon for the first time in approximately three months, according to GasBuddy petroleum analyst Patrick De Haan, who reported the milestone on social media Sunday.

The decline follows several weeks of falling fuel prices after the national average remained above $4 per gallon throughout August, September and October. AAA reported an average of $4.10 on November 5, down 12 cents from the previous week. By November 8, its national average had declined further to $4.02.

Several factors have contributed to the decrease, including lower crude oil prices and the seasonal transition to winter-blend gasoline, which is less expensive to produce than summer fuel. Increased oil tanker traffic through the Strait of Hormuz has also eased some pressure on global supply, according to energy analysts.

Despite the improvement, gasoline remains considerably more expensive than it was a year ago. AAA's November 8 figures showed the national average was approximately 95 cents higher than the same period in 2025. Prices also vary significantly by state, with Oklahoma averaging $3.63 per gallon while California remained above $5.75.

The drop below $4 marks a notable shift after an extended period of elevated fuel costs, although continued relief will depend in part on crude oil prices and developments affecting international energy supplies