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U.S. gas prices dropped below $3/gallon due to lower oil costs, higher supply, and reduced demand.
Gas prices across the U.S. have fallen below $3 per gallon nationwide, driven by lower crude oil costs, increased refinery output, and seasonal demand declines. Analysts attribute the drop to stable global supply, reduced geopolitical tensions, and stronger-than-expected gasoline inventories. The trend is expected to continue into the winter months, offering relief to consumers ahead of the holiday season.
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