# Gas prices fall below $4 per gallon for the first time since July

> The U.S. average regular gasoline price fell below $4 per gallon on Nov. 10 for the first time since July 20, according to AAA. The decline followed sharp oil-price losses after President Donald Trump played down the prospect of renewed conflict with Iran and markets anticipated greater congressional scrutiny of the war.

- Date: 2026-11-10 · published 2026-11-10T12:10:57.699Z
- Category: geopolitics · region United States · magnitude medium
- Page: https://feedsoft.ai/events/91631-gas-prices-fall-below-4-per-gallon-for-the-first-time-since-july
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Lower crude prices reduce fuel costs and can ease transport and production expenses, including for feed supply chains. The article describes a bearish energy-price move, though gasoline remains well above its prewar levels.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-06-23 | [Benchmark diesel price falls below $5 per gallon - FreightWaves](https://feedsoft.ai/events/19007-benchmark-diesel-price-falls-below-5-per-gallon-freightwaves.md) | -7.8% | +8.3% |
| WTI | 2026-02-02 | [Oil prices fall nearly 5%, below $62/bbl on US‑Iran de‑escalation - The Economic Times](https://feedsoft.ai/events/8801-oil-prices-fall-nearly-5-below-62-bbl-on-us-iran-de-escalation-the-economic.md) | -1.6% | +9.9% |
| WTI | 2022-07-21 | [After the Bell \| July 21, 2022 - Pro Farmer](https://feedsoft.ai/events/12604-after-the-bell-july-21-2022-pro-farmer.md) | -4.5% | -13.3% |
| WTI | 2026-04-13 | [Oil prices fall as supply concerns ease on hopes for US-Iran talks - CNA](https://feedsoft.ai/events/10085-oil-prices-fall-as-supply-concerns-ease-on-hopes-for-us-iran-talks-cna.md) | -12.8% | -0.0% |
| WTI | 2024-09-06 | [Crude oil prices today: WTI lowest since June 2023](https://feedsoft.ai/events/12387-crude-oil-prices-today-wti-lowest-since-june-2023.md) | -0.3% | +6.2% |
| BRENT | 2026-05-29 | [Oil prices on track for steepest monthly fall since 2020 \| Oil \| The Guardian](https://feedsoft.ai/events/12721-oil-prices-on-track-for-steepest-monthly-fall-since-2020-oil-the-guardian.md) | +2.5% | -21.2% |
| BRENT | 2026-02-02 | [Oil prices fall nearly 5%, below $62/bbl on US‑Iran de‑escalation - The Economic Times](https://feedsoft.ai/events/8801-oil-prices-fall-nearly-5-below-62-bbl-on-us-iran-de-escalation-the-economic.md) | -3.1% | +0.6% |
| BRENT | 2026-04-13 | [Oil prices fall as supply concerns ease on hopes for US-Iran talks - CNA](https://feedsoft.ai/events/10085-oil-prices-fall-as-supply-concerns-ease-on-hopes-for-us-iran-talks-cna.md) | -11.3% | -3.8% |

## Sources

- nbcnews.com: https://www.nbcnews.com/business/energy/gas-prices-fall-4-gallon-oil-markets-trump-iran-war-russia-ukraine-rcna608498

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.