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(HealthNewsDigest.com) – This week, the national average price of gas dropped below $3.00 per gallon for the first time since Dec. 22, 2010, ending its longest streak ever above that price. According to AAA, the lower gas prices are helping consumers save at least $250 million per day on gasoline compared to early summer when the national average reached $3.68 a gallon. During the past 46-months, gas prices averaged $3.52 per gallon and reached as high as $3.98 per gallon on May 5, 2011. Gasoline should remain relatively inexpensive this winter due to lower demand and falling crude oil prices. Crude oil prices have tumbled from a 52-week high of $107 a barrel down to $77 a barrel. Crude oil represents about two-thirds of the price of a gallon of gas. It is estimated that every ten dollar per barrel change in the price of crude oil results in a 25-cent change in the price of a gallon gasoline. Gasoline prices are expected to drop even further based on recent activity in the commodities market. For more information, visit AAA.com and click-on Fuel Prices.
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