Gas Prices
Could Fall to $3.25 by Halloween

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CNN is reporting that gas prices could fall to $3.25 by Halloween.

This is a significant drop from the current average price of $3.85 per gallon.

There are a number of reasons for the expected drop in gas prices including:

Global oil production is increasing which is leading to lower oil prices.

*Increased Supply

*Weaker Demand

Demand for gasoline is weakening due to the global economic slowdown.

*Seasonal Factors

Gas prices typically fall in the fall and winter due to lower demand.

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