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Just In Time For The Holidays: Lower Gas Prices

Just In Time For The Holidays: Lower Gas Prices

Just In Time For The Holidays: Lower Gas Prices

Just in time for Thanksgiving weekend, lower gas prices, and a local economics professor thinks they may stick around for awhile.

Drury University’s Steven Mullins tells KY3 analysts who watch crude oil prices expect the national average to drop to $2.25 per gallon in the next couple of weeks.

Eventually, in states like Missouri where prices are traditionally lower, the price for a gallon of regular unleaded could even dip below $2.00.

The average household would save about $40 per month if the trend continues.

Mullins says there’s been about a 25% decrease in crude oil prices, which ultimately translate to what you pay at the pump.

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