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Gas prices remain elevated before midterms as experts predict drop below $4

AAA put the national average at $4.14, with Alaska highest and North Carolina lowest among 16 key states.

The short version

  • AAA data put the U.S. national average at $4.14 a gallon, up $1.16 since the Iran war began in February.[ABC News]
  • Among 16 key Senate-race states, Alaska has the highest average at $4.75 and North Carolina the lowest at $3.38.[ABC News]
  • GasBuddy's Patrick De Haan expects the national average to fall below $4 by next week, and Tom Kloza of Gulf Oil predicts a drop within 10 days.[CBS News]
  • Whether prices fall below $4 remains unconfirmed, since these forecasts are predictions tied to oil markets and the Iran war.[CBS News]

Key facts

  • AAA reported a national average of $4.14 a gallon, up $1.16 since the Iran war began in February.[ABC News]
  • AAA put the average regular petrol price at $4.17 a gallon on Monday, down 12 cents from the previous week.[Al Jazeera]
  • Alaska had the highest average gas price among 16 key Senate-race states at $4.75 a gallon, while North Carolina had the lowest at $3.38.[ABC News]
  • GasBuddy put the national average at $4.06 a gallon on Thursday, and Patrick De Haan expects it to fall below $4 by next week.[CBS News]
  • Tom Kloza of Gulf Oil predicts the average U.S. gas price will sink below $4 within the next 10 days.[CBS News]
  • De Haan attributes the decline in oil prices largely to market expectations that the midterm elections would increase pressure on the Trump administration to end the Iran war.[CBS News]

What remains uncertain

  • The forecasts that prices will fall below $4 are predictions from analysts, not confirmed outcomes.[CBS News]
  • Reported national averages differ by tracker and date: AAA showed $4.14 and $4.17 on Monday, while GasBuddy showed $4.06 on Thursday.[Al Jazeera · CBS News · ABC News]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.