Gas Prices Falling; AAA Predicts Prices Will Remain Lower This Fall
WARSAW — Motorists have seen gas prices fall in recent weeks and one group is predicting the cost at the pump will continue to moderate through the autumn season.
Gas prices have fallen to the below $2.50 per gallon in Kosciusko County and other parts of the Midwest in recent days.
AAA, which tracks gas prices, reports that the majority of U.S. motorists will find savings of potentially more than 25-cents per gallon compared to earlier this summer.
The national gas price average, which is already 15-cents cheaper than just five weeks ago, is poised to continue pushing down due to several factors, including less expensive crude oil prices, the drop-off in gasoline demand after Labor Day and the move to winter-blend gasoline, the group said in a report issued online.
“AAA predicts that fall gasoline prices will be significantly less expensive than this summer with motorists finding savings in every market across the country,” said Jeanette Casselano, AAA spokesperson. “Many factors are driving this decrease, but the low price of crude oil is chief among them.”