Today’s recent CNN Money article, Gasoline: How Low Will it Go?, states gas prices may fall more than $.50 a gallon through July, 4th. After that, prices will depend on hurricane season and unforeseen incidents such as war, natural disasters, etc.
If you would have asked people a month ago how they would feel if they read the headline “Gasoline: How Low Will it Go?”, most of them would have laughed at you. But that is today’s headline, and if I’m laughing, it’s only because I like the sound of it.
Gas prices in my area peaked a couple weeks ago at just over $3.50 per gallon. Yesterday I filled my tank at $2.88. It’s very encouraging to see gas prices drop, and another $.50 decrease in the price per gallon will be greatly welcomed.