US national average retail gasoline prices fell below $4 per gallon for the first time since July, reaching $3.9788 on November 10 according to AAA data, down roughly 17 cents week-over-week amid the seasonal switch to lower-cost winter-blend fuel and reduced post-summer demand. WTI crude traded near $88.50 per barrel as of November 14, reflecting a sharp pullback from earlier $100-plus levels driven by recovering Persian Gulf flows and optimism over potential US-Iran de-escalation. EIA gasoline inventories edged higher to 210.8 million barrels for the week ending November 6, supporting ample supply. Traders monitoring weekly EIA releases and Brent-WTI spreads price in further softening through Thanksgiving absent fresh geopolitical shocks.