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Key Facts Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you'll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here. Tangent Trump also said the U.S. will “soon see $2 gasoline,” a vow he has repeatedly made in recent weeks. De Haan told MarketWatch in October there are “extremely low odds—perhaps one in a million—of falling below $2.” Where Are Gas Prices Cheapest—and Most Expensive? Mississippi has the cheapest fuel in the U.S., according to AAA, with average prices for regular gas coming in at $2.60 per gallon. Meanwhile, California has the most expensive gas prices in the country, reaching $4.67 per gallon. Key Background National gas prices reached their lowest point of Trump’s second term in October, dipping below the $3 mark for the first time since last December. GasBuddy attributed the slide in price to a decision by the Organization of the Petroleum Exporting Countries (OPEC) to increase oil production, a shift from the organization’s production cuts in 2023. Gas prices have gone up about 10 cents since falling below $3 per gallon last month. Crude oil prices were “relatively low” in October due to higher supply and lower demand, AAA said in a report, noting gas prices could fall or stay low during Thanksgiving travel. Further Reading
