Gas Prices Continue to Slide as Oil Looks Ready to Fall to under $100 a Barrel

Cheaper gas prices as oil prices fall
There’s good news for those with long commutes and those who spend a lot of time driving their car. Gas prices are continuing to fall, and they’re beginning to approach levels more normal for this time of year. With oil traders no longer fearing the unrest in Iraq causing distribution problems, and no big storms affecting oil rigs out at sea thus far this year, oil prices are beginning to drop.

Oil prices continued to slide last week furthering a three-week trend, which has helped to push retail gas prices down to the lowest level they’ve been in for months. The average retail price for regular gas in across the US sits at $3.61 a gallon according to AAA. This is the least


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2 Responses to Gas Prices Continue to Slide as Oil Looks Ready to Fall to under $100 a Barrel

  1. dave says:

    Gas prices always fluctuate and they will probably spike if there is more unrest or a big storm. Enjoy the falling prices, but be prepared to pay more if anything happens.

  2. William Presenod says:

    They haven’t quite dropped yet in Southern California, and with the peak of summer approaching, I doubt that it will. Apparently, we have our own supply and demand forecast over here :/

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