With the summer ending, everyone is returning to work and school so they're not out on the long roads nearly as they were in the heat. The Associated Press reported on Sept. 27, 2013, that gas prices are indeed beginning to fall for a number of reasons, and it appears as if they are going to continue to plummet as well.
As of now, the national average for a gallon of gasoline is at $3.42. On Sept. 1, 2013, the national average gas prices were $3.59 per gallon, and that's a huge drop. Actually, the $3.42 per gallon is the lowest its been at this time of year since 2010.
There are actually a number of reasons that gas prices are falling:
- Gas demand always declines in the fall after the summer ends.
- Refineries have had almost no problems since there have been no hurricanes and there have been few unexpected pipeline problems.
- Clean-air rules are now more relaxed in winter months so refiners can switch to cheaper gasoline blends.
In 2012, drivers were dealing with gas prices that were 37 cents more than they are paying now. Hurricanes and pipeline problems led to that and even saw some locations, such as California, hit $4.67 per gallon in early October.
"It's a layup for me to predict lower prices until Columbus Day weekend," says Tom Kloza, Chief Oil Analyst at GasBuddy.com and Oil Price Information Service, which tracks retail and wholesale gasoline prices.
Drivers can make sure they are getting the best gas prices by using a few helpful tools and just doing some research.. There are a few ways to do that with some helpful websites including: