# Gas prices drop below $4 for first time since July despite inflation

- URL: https://talkfuse.com/story/gas-prices-drop-below-4-for-first-time-since-july-despite-inflation/
- Published: 2026-11-10T18:10:05+00:00
- Updated: 2026-11-10T18:20:33+00:00
- Original publisher: Washington Examiner (publisher lean: Right)
- Original article: https://www.washingtonexaminer.com/policy/energy-and-environment/4798638/gas-price-drop-below-4-first-july-inflation-but-still-up-30-percent-from-pre-war-levels/
- Topics: Business, Economy, Elections, Middle East, Politics, World

## Key points

- US petrol averages $3.98 a gallon.
- Prices are below $4 for the first time since July.
- October inflation rose more than forecast.

## Summary

US petrol prices have fallen below $4 a gallon for the first time since July, offering drivers some relief even as inflation rose faster than expected. The decline follows record prices linked to the war with Iran and the closure of the Strait of Hormuz.

GasBuddy put the national average at $3.98 on Tuesday and expected it to keep falling through November. Meanwhile, the Consumer Price Index rose 0.4% in October, exceeding the forecast 0.3%; the article attributes the pump price easing to improved US ability to move oil through the strait and White House peace overtures.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.