Gas Prices See Little Meaningful Change

(Undated) – The national average has seen “little meaningful change” in the last week. According to GasBuddy Head of Petroleum Analysis, Patrick De Haan, several states saw gas prices jump or “cycle” last week, a behavior in which gas prices climb significantly after falling below a station’s replacement price. He says this led the national average to see little meaningful change from last week, with many states experiencing a slow decline, offsetting the few states that did see big jumps. De Haan says the good news is that those states that saw large jumps last week will likely see some of the biggest declines at the pump this week, paving the way for the national average to fall, potentially below $3 per gallon, just in time for Thanksgiving. Currently, GasBuddy is tracking 28 states already below that level. The current national average is $3.06 a gallon.