The recent drop in the cost of oil has been a happy surprise for drivers, who are enjoying the cheapest gas prices at the start of summer in 12 years.
Oil prices have dipped into bear market territory and gasoline prices have followed, falling every day since June 2, according to AAA. The average price nationally for a gallon of regular is now $2.28, down 10 cents since the start of the month.
And the outlook for the rest of the month is good: Wholesale gas prices suggest that prices drivers pay will keep falling, and this weekend could bring the cheapest prices so far in 2017, said Tom Kloza, chief oil analyst for the Oil Price Information Service, which tracks pump prices for AAA. (Read more from “Gas Prices Fall to 12-Year Low Under Trump Presidency” HERE)