U.S. gasoline prices are averaging just under $4 per gallon on Thursday, according to reports. It is described as the first time since March that the national average for regular gasoline drops below that level. The change is characterized as modest, with prices falling only slightly under $4. While the lower average marks a near-term improvement, both accounts stress that costs remain high compared with the previous year. One report notes that current prices are about 25% higher than a year earlier, indicating that the decline below $4 does not erase broader year-over-year increases. Overall, the coverage centers on the national average for regular gasoline dipping below $4 for the first time in several months, alongside the continued gap versus last year’s levels.