U.S. Gas Prices Fall; Nigeria Cooking Gas Drops

U.S. pump prices have fallen in recent weeks, with AAA and GasBuddy reporting the national average around $3.04 per gallon and forecasting it could dip into the low $2.80s by year-end. Analysts attribute the decline to OPEC+ production increases, cooling seasonal demand, arrival of winter-blend fuel and minimal storm activity. Washington is an outlier, with AAA listing a statewide average of $4.402 and greater Seattle at $4.662, while Idaho and Arizona averages are roughly $3.44 and $3.38 as regional supply factors shift. Diesel prices have remained relatively stable despite the gasoline drop. In Nigeria, cooking gas prices have fallen from ₦2,000 to between ₦1,300 and ₦1,500 per kilogram after supply improved following a labor strike and intervention by the Minister of State for Petroleum Resources to curb hoarding and profiteering. Retailers say they are cautiously optimistic that sustained supply will keep cooking gas more stable and affordable.