Gas Dips Below $4 But Remains 25% Higher

June 19, 2026 5:16 am

NEW YORK (AP) — U.S. gas prices have fallen to just below $4 a gallon on average, bringing some relief to drivers who have seen soaring costs amid Washington’s war with Iran. But filling up is still more expensive than it was before the conflict began. According to AAA, a gallon of regular gasoline is now averaging at $3.999. It’s the first time since March that prices have been that low. The drop aligns with easing crude oil costs overall, as markets feel hopeful about an initial agreement between the U.S. and Iran to end the war. Still, American drivers are collectively paying a $1 more per gallon than they were in late February.