Texas Gas Prices Fall as Oil Prices Decline | 12.4.23

Gas prices in the US have been falling or remaining steady for the past 10 weeks. The decline in gas prices can be attributed to a recent decline in oil prices, a seasonal dip in demand, and easing inflation. While the downward trend in gas prices is expected to continue into the New Year, there is a possibility of more cuts from major producing OPEC+ countries that could impact energy prices.