Gas for less than $3 a gallon is coming to a station near you, if it’s not there already.
There are 10 states with average gas prices below the $3 mark, according to AAA, and the average retail price for gas has dropped 20 cents a gallon in the last month.
But cheap gas isn’t limited to just a handful of states. About a third of gas stations nationwide already have prices at or below $3, and many pumps in Missouri, South Carolina and Oklahoma are at $2.60 a gallon, according to the Oil Price Information Service, which tracks prices for AAA.
The nationwide average, which is currently $3.19 a gallon, is now forecast to dip below $3 for the first time in four years later this year.
A steady drop in crude oil prices is what’s driving down gas prices.