Metro Atlanta could see $2/gallon gas by Christmas
It’s estimated there are now more than 500 service stations across the country that sell gas for less than $2 dollars a gallon.
Plunging oil prices continue to place downward pressure on prices at the pump.
Gas prices in Michigan are falling after a spike two weeks ago due to problems at BP’s refinery in Whiting, Indiana.
AAA spokesman Josh Carrasco says “After Labor Day we normally see a drop in gasoline demand as we head out of the busy summer driving season”.
Oil prices in June, 2015 were $60/barrel and now they are at a low of $43/barrel.
Nationally, prices fell 7.1 cents a gallon in the last week, to $2.60 a gallon, GasBuddy said in a statement.
In the St. Louis region, Sunday morning, Gas Buddy.com reported prices running around $2.19 per gallon.
Elsewhere, the West Coast saw prices decline, along with the Gulf Coast, East Coast and Rockies – virtually everyone saw gasoline prices fall in the last week. That’s about 66 cents less than at the same point a year earlier.
Our gas prices in Vernon were $129.9/liter.