Gas Prices Still Falling

If this trend continues until Tuesday, it will mark a month since gas prices began falling on June 21. According to AAA Auto Club South, gas prices have fallen every day since June 21, with the national average standing somewhere around $2.46 per gallon. Compared to this time last year, when the national average quickly approached $5.00 per gallon, gas has become relatively affordable.
 
The biggest culprit concerning falling gas prices is a lack of demand. Even though we are in the middle of summer, which is peak driving season, demand has only risen about 0.6 percent in the past month. …read more