Dip in gas prices likely to continue under tariff threat

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Analysts with GasBuddy.com said the nation’s cheapest gas price could fall below $2 a gallon..

In the past week, gas prices in Arkansas fell 0.6 cents to an average of $2.46 per gallon. That’s 21 cents lower than a year ago.

The national average saw an even greater tumble, dropping 1.6 cents per gallon to $2.81.

“The national average has fallen for its fourth straight week, probably not something motorists would associate with the start of the summer driving season,” said Patrick DeHaan, head of petroleum analysis for GasBuddy.

He predicts motorists will see an even bigger surprise in the coming weeks: gas prices under $2 per gallon.

DeHaan stated worries about President Trump’s tariffs on China, and now Mexico prompted a recent $14 drop in oil prices.

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