Are Gas Prices Likely To Go Down In 2024. The national average price for a gallon of regular gas eclipsed $3.50 earlier this month, the highest point since october amid rising oil prices and geopolitical conflict, the pace. Drivers in three states are already paying under $3 a gallon, with more likely to follow.

Understand the impact of global demand, government policies, and renewable energy on gas prices. Gasbuddy doesn’t see gas prices averaging $4 a gallon in any single month next year.