The national average price for regular gas continued the recent downward pricing trend on Thursday, falling to $4.129 per gallon. It marked a slight decrease from Wednesday’s average of $4.151 per gallon and a 12-cent drop compared to a week ago, when a gallon of regular gas was $4.241, according to AAA. Thursday’s average price was also substantially lower than a month ago, when the cost was $4.52 per gallon, a decrease of over 40 cents per gallon.The latest decrease, and drop in fuel costs over the last month, are representative of the volatility of gas prices in the spring. Just 21 days ago, on May 21, the national average price for a gallon of regular gas set a 2026 record at $4.564. Fuel costs have dropped nearly every day since then. Much of this is correlated to geopolitics, specifically the war between the United States and Iran. It has also left the gas market unpredictable, with a fluctuation of consecutive days of increases followed by decreases, and vice versa, the current norm for gas prices in the country. It’s indicative of the current whirlwind of gas economics. And the volatility doesn’t seem to be going away anytime soon. In a previous interview with the Washington Examiner, Patrick De Haan, a gas price analyst at GasBuddy, suggested that the fluctuations will most likely continue.