Gas Prices Are Dropping And Are Expected To Continue Falling

By Malia Wooten

There’s a lot to be thankful for and lower gas prices is definitely something to add to the list! πŸ™πŸ½

Southern California drivers will have more of an incentive to travel by car since they’ll find gasoline prices dropping 15 cents or more. And the best part? Analysts predict that prices are likely to fall further in response to a recent drop in crude oil prices.

As of early October, oil and gasoline prices were on an upswing with mid-range and premium blends hitting more than $4 dollars a gallon at Southern California gas stations.

The drop in cost comes right in time as the holiday season approaches – Thanksgiving weekend tends to be the busiest driving period of the year!

β€œCalifornia should see declines of around 20 cents a gallon over the next several weeks,” said Andrew Lipow, president of Lipow Oil Associates, an energy consulting firm in Houston.

The national average price for gas has plummeted nearly 23 cents a gallon in the last month, according to the AAA.