Why Gasoline Prices Are Falling

Simple answers are easy, but often wrong. The real ones take context, and a little more work. Below I provide the context for the question in the title, if you put in the work to read and understand. I was recently forwarded a link to a story at an NBC affiliate in Montana–’Drill, baby, drill’: Gas prices might drop below $3 by end of 2025–that purports to connect the recent drop in gasoline prices with President Trump’s pro-energy policies.  The first line of the article states: “There has recently been…