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USA Today’s Gary Strauss talked to an energy analyst yesterday who says crude prices, and subsequently the prices of gasoline, still has a long way to fall.Average U.S. average gas prices currently stand at $3.40 and have moved straight down since April in response to macroeconomic sluggishness.
“The market is suggesting gas below $3 by Halloween, and certainly by Thanksgiving,” Tom Kloza of the Oil Price Information Service tells him.
SEE MORE – The 11 Factors That Determine Gas Prices
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