Experts: Gas prices may drop to $2 a gallon in U.S.
Gasoline prices in the United States could drop to $2 before the onset of winter, many industry experts say, with demand dropping as the summer driving season winds down.
In the metro-east, gasoline was selling as low as $2.55 at some stations Tuesday, after hovering $3 a gallon just a few weeks ago.
Prices were $2.55 at the Shop ‘N Save filling station in Belleville, and at $2.58 at several locations in Edwardsville. Gas was at $2.59 in Belleville. But in Fairview Heights, some stations had raised the price to $2.65.
The national report indicated the average family could save $700 a year because of market pressures pushing the price lower.
This story was originally published August 4, 2015 at 3:49 PM with the headline "Experts: Gas prices may drop to $2 a gallon in U.S.."