$3.01gal at the Wawa @ Rt 301 and Rt 175.
If the pain at the pump seems to be easing lately—it is.
AAA said the price of gas is falling across the country by an average drop of 40-cents a gallon since July 4. Experts said it could go even lower by the time the holiday season comes around.
"The economy is certainly going to get a nice boost from lower gas prices," AAA spokesperson Michael Green said.
"Crude oil has dropped significantly from its early summer highs and this is partly, because we are producing more oil in the United States than we have in over 30 years," said Denver-based financial analyst Bruce Allen.
The current price of a barrel of oil is around $87. Experts said more oil production here in the U.S. is leading to greater supply, which translates into lower gas prices.
Edited by ODENTON, 11 October 2014 - 03:02 PM.