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Why Are Gas Prices Going Down?

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Motorists have something to look forward to this fall: the lowest gas prices in four years.

That’s according to a prediction from GasBuddy.com, the price-tracking website. Company analysts said the nation’s average gas price should tumble to a range of $3.15 to $3.25 for a gallon of regular.

That would make for the cheapest autumn gas since 2010. Motorists in more than 30 states are likely to enjoy prices below $3 at the pump, at least temporarily.

Energy Analyst Phil Flynn from Price Futures Group joined Garry to talk about why gas prices are declining despite all of the chaos in the middle east.

 

 

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