Gas Prices Continue To Drop
Holiday shopping will be much easier for Americans this year as gas prices continue to fall. Right now the demand is lower, and gas producers are switching to a winter blend which costs 15 to 20 cents less to produce. With the fall of gas prices, consumers are buying less fuel-economy vehicles.
The downward price trend is also attributed to no weather-related problems, such as last year’s Hurricane Sandy. A recent report states that the national average currently at $3.27 per gallon is expected to drop to around $3.10. We haven’t seen an average that low since February of 2011.
However, some gas stations in Flint are already at an even $3.00 for a gallon of regular unleaded. What are the lowest gas prices you have seen recently?