VIRGINIA BEACH — AAA said the holiday season is delivering a gift for drivers as the national average dropped 5 cents since last week to $2.94.

Gas prices are the lowest they’ve been in four years, according to the organization. The national average has stayed below the $3 mark since hitting $2.99 on Dec. 2. As a record number of travelers prepare to hit the road later this month, they’ll be paying less than they were last holiday season, when the national average was $3.04 to close out 2024.

According to new data from the Energy Information Administration , gasoline demand increased from 8.32 million barrels per day last week to 8.45 million. Total domestic gasoline supply increased from 214.4 million barrels to 220.8 million. Gasoline production decreased last week, averaging 9.6

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