Gas Prices Fall Again, With No Floor in Sight
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FeelPic/iStock/Thinkstock(NEW YORK) — The average price of a gallon of regular gas fell to $2.14, down 8 cents from a week ago and $1.19 less compared with a year ago, according to the Department of Energy.
This is the lowest weekly average gas price since May 2009 — the recession at the time depressed prices dramatically.
GasBuddy.com predicts that the national average will fall to $1.95 by the next month.
As of now 43 states have at least one gas station selling gas for less than $2 a gallon, according to GasBuddy.
@GasBuddy now predicting national average for #Gasoline will drop to $1.95/gal in the next month.
— Patrick DeHaan (@GasBuddyGuy) January 12, 2015
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