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Wednesday, November 11, 2026Updated 4:32 PM ET
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Conservative news from the nation’s capital

Business & Economy

Last night on The Bottom Line with Douglas Park

Gas Prices Fall Below $4 a Gallon for the First Time Since July

Relief at the pump arrives after the midterms, as the national average slips to $3.98.

Filed November 10, 2026 · 📍 Washington, DC 20001

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By Douglas Park · The Bottom Line · Reviewed by Grace Holloway · 1 min read
Illustration · Liberty Bell Report

Key points

  • National average gas price falls to about $3.98, per AAA
  • First time below $4 since July
  • Winter-blend fuel and lower demand cited

Drivers are finally getting some relief. The national average price of gasoline fell below $4 a gallon on Tuesday for the first time since July, to about $3.98, according to AAA [2][3].

Fox Business points to the switch to cheaper winter-blend fuel and lower demand as reasons for the drop [4]. The New York Post reports the decline followed President Trump signaling that no strikes on Iran are coming anytime soon [2].

Prices had surged this year. The Washington Examiner notes they reached record highs amid the war with Iran, and that inflation has continued to run hotter than expected even as gas eases [1].

The Western Journal points out that President Trump predicted several times before the midterm elections that gas prices would come down [5].

For families watching every dollar heading into the holidays, a sub-$4 gallon is welcome news.

Sources

5 reports this article drew on
  1. [1]Opens in a new tab ↗
  2. [2]Opens in a new tab ↗
  3. [3]Opens in a new tab ↗
  4. [4]Opens in a new tab ↗
  5. [5]Opens in a new tab ↗
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