Gas Prices Expected to Drop Below $3.00 a Gallon
Analysts predict that gas prices will soon drop below $3.00 a gallon, a first in four years.
According to AAA and GasBuddy, prices are expected to fall due to lower gasoline demand and cheaper winter-blend gasoline.
The national average has dropped more than 5 cents to $3.057 a gallon, down from $3.110 a week ago and $3.186 a month ago.
Last year's average at this time was $3.203 a gallon, indicating a significant decrease in prices.
AAA says a lower gasoline demand with the end of the summer travel season and cheaper winter-blend gasoline at the pump are driving lower prices at the pump.
Experts predict that the downward trend will continue in the coming weeks, with oil prices dropping below $60 a barrel.
Author's summary: Gas prices expected to drop below $3 soon.