Gas Prices Forecast to Fall 50 Cents in Coming Weeks

Posted on October 21, 2012

Drivers are finally going to get a break at the pump. Mark Greenblatt reports for ABC News that prices are expected to fall soon. Prices could fall by as much as 50 cents a gallon in weeks. This would still keep prices in expensive territory, but out of the $4 a gallon that was causing so much pain at the pump. Gas prices have already fallen about 17 cents in the past month according to the Fuel Gauge Report. Greenblatt says prices could fall by as much as $1 a gallon in California, where gas prices spiked following refinery outages. Take a look: