Second half of 2015 may see gasoline price drops

GAITHERSBURG, MD — (July 31, 2015) – 2015’s second half represents a strong commitment that motorists will spend even less on gasoline this year than they did in 2014. GasBuddy experts say that before Christmas, as many as 20 states could have average gas prices below $2 per gallon as the national average for December slips to $1.98.

“We’re confident that our projections give consumers more than accuracy; we think they’ll help them identify some savings that should come in handy at Thanksgiving and Christmas,” said Patrick DeHaan, senior petroleum analyst for GasBuddy.

“It’s interesting to remember that last year the national average shed more than $1.27 from August 1 through December 31 when the U.S. average was $2.24,” DeHaan pointed out. “This year, if we see just half of that decline it will bring us to below $2 per gallon.”