Gas Prices Hit Five-Year Low

Don’t worry too much about the drive back from Grandma’s house this holiday season: As long as the weather holds, gas prices will remain at historic lows.

In fact, this Friday the national average for gas hit a 58-month low — that’s nearly five years since this country saw gas prices so cheap. Today, gas had reached a national average of $1.64 a gallon, with crude oil prices hovering at just over $40 per barrel. Few expect a more rapid downward trend, however, even as the economy slows further.

Gas Prices Drift to a 58-Month Low; Oil May Continue Price Drop (USA Today)