US gasoline prices continue to fall, and they could keep falling, raising the possibility of gas below $3 a gallon in much of the country before the end of the year.
The national average for a gallon of regular gas stood at $3.96 Monday, down only a fraction of a cent from where it stood on Sunday. Still, that decline maintained a streak of 62 consecutive days of falling gas prices.
The average national price has fallen $1.06, or 21%, since hitting a record high of $5.02 a gallon on June 14.
The average price is somewhat inflated by some high-priced states, such as…….[read more]
Why do gas prices vary around the nation? What is causing the price of gas per gallon to decline?
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