gas prices

The chances of gas prices falling below the $3 mark anytime in the near future might seem unlikely, but analysts say that it could come close. Fuel costs, already dropping, are expected to continue to do so for the rest of the year.

Just a few months ago, analysts were worried gas prices would soar this summer, possibly topping $6 a gallon. But now that the warmer months are upon us, there’s been an abrupt about-face. In fact, fuel prices are now falling so steadily that many experts predict that by this fall, a gallon of gas will be under $3.

Remember the summer of 2008 when the highest gas prices on record occurred and the price for a gallon of fuel hit $4.11? Hate to break this to yah, but a warm winter and tensions in the Middle East have some analysts predicting current prices will top $4 by this spring — and could even climb as high as $6.50.

Filled up my vehicle last night! This is a weekly thing for me! Are the current prices eating away at your budget?