Originally published Wednesday, May 12, 2010 at 6:58 AM
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Summary Box: Expect gas prices to go ... down?
SAY THAT AGAIN: Gasoline prices have peaked below a national average of $3 per gallon and are heading lower as the summer driving season approaches.
The Associated Press
SAY THAT AGAIN: Gasoline prices have peaked below a national average of $3 per gallon and are heading lower as the summer driving season approaches.
WHAT GIVES: A 12 percent drop in oil prices has pushed wholesale gasoline prices down by 25 cents. That's gradually bringing lower prices to the gas pump.
THE REASONS: Ample fuel supplies, the European debt crisis and muted political unrest have helped check oil prices heading into summer.
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