Recent forecasts indicate that gas prices are set to drop further in 2025, potentially leading to the lowest annual average prices since 2021. GasBuddy reports notable price reductions across various regions, including a 9-cent drop in San Antonio and a decrease in the Toledo area. As the new year approaches, prices are also showing stability in places like Peoria and a slight decline in areas like Iowa and Green Bay. While the nationwide average price has fallen below $3 per gallon, industry analysts warn of potential price cycles at the pump. Overall, the outlook remains optimistic for consumers looking for relief at the gasoline station.