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You are here: Home / News / How low will gas prices go?

How low will gas prices go?

August 10, 2007 By WRN Contributor

There are new predictions that pump prices will continue to fall.

Unless there's a hurricane or new refinery problems, gas prices should continue to drop. Pam Moen of Wisconsin AAA Wisconsin says that's because supplies have gained strength recently because refinery output has increased and so have imports. Also, Moen says demand is down.

The US Energy Department is predicting the national average will drop to about $2.64 a gallon by December. 

AUDIO: John Colbert reports (MP3 :37)

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