Gas prices start to show signs of dropping

CBS News
April 17, 2026
2 min read

Quick Insights

The Bottom Line

Gas prices are beginning to decline, offering relief to drivers.

How This Affects You

Lower gas prices could reduce your transportation costs and alleviate economic pressure on household budgets.

AI Summary

Gas prices are beginning to decline, offering relief to drivers who have faced elevated costs for weeks. This development signals a potential end to a period of high fuel expenses, directly impacting household budgets and transportation costs. Patrick De Haan, head of petroleum analysis for GasBuddy, will discuss these trends on "The Daily Report." The drop could alleviate economic pressures on consumers and businesses nationwide.

What's Being Done

Patrick De Haan, head of petroleum analysis for GasBuddy, will discuss these trends on "The Daily Report."

Following this story?

Get notified when new coverage appears

Should this be getting more attention?

You Might Have Missed

Related stories from different sources and perspectives

Traffic and trepidation in the Persian Gulf could keep gasoline prices from dropping quickly - AP News
Finance

Traffic and trepidation in the Persian Gulf could keep gasoline prices from dropping quickly - AP News

<a href="https://news.google.com/rss/articles/CBMinwFBVV95cUxOTmxMOW96MEoyaXFsdl9UYUp3OVZxeHV5cG1OVW9LRmFlLWt4dVJjeDl5d0pjdEVoQ2g1eXpYWXR0eHZiTmQxMVIyU05venp5ckhGTmhfZjNVQ2hRbFhQOXROY1Q2aXlabk84azdZNDlVbUszMHhYSkhGblZ5bW5IVl9UclRndHNXQkg4YkdrRlJ2WGp1SnpwNFJjdnZiejQ?oc=5" target="_blank">Traffic and trepidation in the Persian Gulf could keep gasoline prices from dropping quickly</a>&nbsp;&nbsp;<font color="#6f6f6f">AP News</font>

AP NewsApr 17
Trump to promote tax breaks in Las Vegas, where residents feel the pinch of high gas prices - AP News
Politics

Trump to promote tax breaks in Las Vegas, where residents feel the pinch of high gas prices - AP News

<a href="https://news.google.com/rss/articles/CBMikwFBVV95cUxPMU04U0NWbXVqWnM0LVhoRENEWUdDdDFabTROYWgtc2p1NVA0QkdZU19kaFM0SDhDVHV1a0JwazdqRjBsREw1TDJJRXdKV3hvSjc4RnVhejAyZVZvSGF0bDVxR2g5THhlYnhZODJBa044bDRQN1RINFdYZUl3YUJsMjI0V1ZzMlRRRVE2bE9nWERWbHc?oc=5" target="_blank">Trump to promote tax breaks in Las Vegas, where residents feel the pinch of high gas prices</a>&nbsp;&nbsp;<font color="#6f6f6f">AP News</font>

AP NewsApr 16
Trump’s gauge on gas prices spurs GOP anxieties ahead of midterms
Politics

Trump’s gauge on gas prices spurs GOP anxieties ahead of midterms

President Trump’s assertion that high gas prices may be here to stay from now until November is exactly the opposite message of what GOP lawmakers want to hear in a midterm year, underscoring how the Iran war has become bad news for Republicans, who risk losing control of Congress. The war has also made it…

The HillApr 14
Chevron says Venezuelan oil imports are helping curb U.S. gas prices
Finance

Chevron says Venezuelan oil imports are helping curb U.S. gas prices

Venezuelan oil shipped to the U.S. is providing relief from higher prices caused by the Iran war, according to a senior Chevron executive.

CBS NewsApr 14
Gasoline could drop below $4 in coming days
Finance

Gasoline could drop below $4 in coming days

Gasoline costs should start to fall soon, although a full recovery to pre-war prices is expected to take months. That's assuming that peace holds and traffic flows resume through the Strait of Hormuz.<br><br>

NPRApr 17
UK petrol and diesel prices fall after weeks of rises
Finance

UK petrol and diesel prices fall after weeks of rises

Drivers have seen weeks of increases as the US-Israeli war with Iran pushed up wholesale oil prices.

BBC NewsApr 17
Read Next
Welcome to the Second Gilded Age
Finance

Welcome to the Second Gilded Age

Stanford economist Mordecai Kurz breaks down why we are living through a Second Gilded Age—and how to address it.

Continue reading

Did this story change how you see things?

Stories like this only matter when people see them. Help us get verified journalism in front of more eyes.

Share this story

Get the daily digest

Save for later

The Verity Ledger curates verified investigative journalism from trusted sources only.

See our sources