Gasoline prices have fallen to just over $3 per gallon.
That's good news for consumers and the Trump administration after President Trump promised to bring down prices, but it could complicate a "drill, baby drill" agenda.
And whether prices will stay low may depend on whether the administration’s sanctions on Russia are effective, experts say.
The national average gasoline price stood at $3.07 per gallon on Friday, according to AAA.
That’s down from $3.16 a month ago and $3.15 a year ago.
It’s also very low compared to where prices were over the past few years, when spikes occurred because of Russia’s invasion of Ukraine and the COVID-19 pandemic recovery. At their highs, they reached more than $5 per gallon in the summer of 2022.
Analysts attribute the currently low prices to high

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