U.S. Gas Prices See Largest Weekly Drop in Months, Averaging $4.12

U.S. average gas prices fell 17.1 cents to $4.12 per gallon last week, the biggest weekly drop in months, according to GasBuddy data. The national average is down 24.7 cents from a month ago but remains $1.13 higher than a year ago, based on over 12 million price reports from 150,000 stations. The decline comes as Americans head to midterm elections where living costs are a key issue. Analyst Patrick De Haan warned the drop may not last, citing uncertainty over the Iran conflict and potential volatility after the election. Ukrainian strikes on Russian refineries and Strait of Hormuz tensions could influence future prices.