This is great news if you plan on taking a summer vacation with the family. In Fact, you may have noticed it already as Gas Prices are declining and we could see them drop below $2.00.
Typically we see gas prices a little higher in the PNW but According to CNN, gas prices could be going down in many parts of the country in the next few weeks. For some, gas could be less than $2.00 per gallon in certain parts of the country. Tom Kloza, head of energy analysis for the Oil Price Information Service, says that vehicle fuel prices “should continue to fall as we move through the summer.
Part of the reason for that is booming U.S. oil production. There are also some dips in international demand for gas in places like China that are experiencing overall economic downturns. According to Kloza, “There’s a high probability we’ll be paying less than $2.50 in the next few months.”