GasBuddy surveys show US gas prices falling after midterms
The gist
GasBuddy surveys show South Carolina's average at $3.45 a gallon, down over 15 cents in a week.
Cheaper fuel is easing budgets, but analysts credit seasonal shifts, not politics.
How it unfolded
- Nov 4, 2026Seattle gas prices begin dropping after months of high prices, though still well above last year's levels.
- Nov 6, 2026North Carolina has had the lowest average gas prices in the United States for nearly a month straight.
- Nov 8, 2026In a 60 Minutes interview, President Trump says voters 'didn't like the war' with Iran or the soaring gas prices it triggered.
Key terms
- midterms
- US general elections held near the midpoint of a president's four-year term, when all House seats and about a third of Senate seats are contested.
- refiners
- Industrial plants that transform crude petroleum into fuels and other products such as gasoline, diesel and asphalt.
- 60 Minutes
- An American television news magazine program broadcast on CBS since 1968.
Source: Wikipedia