Gas Prices: Is the Worst Behind Us?
U.S. retail gasoline prices have fallen more than 10 cents per gallon in a week and could fall another 25 cents by the end of summer. Could this be a sign that the worst is over for U.S. motorists this vacation season?
The decline tracks a record pullback in the price of crude that has come amid mounting evidence high energy costs and an economic slowdown are shrinking American demand for fuel.
Despite the recent declines at the pump, gasoline prices remain more than $1 higher than last year at this time.
What do you think? Is the worst behind us at the pump, or is this just a temporary lull? Use the comment link below and tell us what you think.