When Will Gas Prices Go Down 2024. While prices at the pump are improving, there are a number of circumstances that could reverse the trend. Motorists should see gasoline prices fall below $3 a gallon for the first time in over three years as soon as next month, shortly before they go to vote in november's.

Gas prices have surged over the past month by an average of 47 cents in michigan and 43 cents in illinois, according to aaa. These charts track the prices consumers are paying for groceries and other goods now compared to the cost five years ago, as inflation lingers.