The price to fill-up your gas tank is going down… and fast.
“As crude oil prices go down, the gas prices are going down as well,” says AAA Mid-Atlantic spokesperson Windy VanCuren.
VanCuren also says many investors are worried that the economy will only get worse. The silver-lining to that is gas prices may drop even more.
It pays to shop around. Gas prices have dropped about 9 to 12 cents in the last week alone.
Still, gas prices at this time last year were nearly a dollar a gallon cheaper, so any news about lower gas prices is good news.
“Seeing gas prices down is good,” says John, filling-up at a Richmond convenience store, “but I’d rather the whole economy was doing better.”
Also remember that the vacation season isn’t over yet. There’s a good chance we’ll see gas prices go up again before summer’s last big hurrah.
“You should see gas prices go up on a typical year as we get closer to Labor Day,” says VanCuren. “That being said, it shouldn’t be significant, just a couple of cents. “