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Gas Prices Could Fall By as Much as 50 Cents a Gallon Soon!

pumping gas
whatatravistry / flickr

Things are starting to look up at the gas pumps – you may have noticed prices have been falling a bit recently, and bigger breaks are on the horizon.

The national average this month for a gallon of gas had reached $3.86, and now we have seen that number fall to $3.68.  Economists are predicting that before the end of November that prices could average $3.35 per gallon or less.

The drop comes as oil supplies are increasing and the production issues that caused a spike in prices have been fixed.  This drop could provide a boost to consumer spending (just in time for the holidays) and could influence the presidential race (as you know the price at the pumps has been one of many hot button issues facing the candidates).

You can find out more about the gas prices in your area by clicking here, and entering your zip code where they ask for it.

 

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