In some areas around Houston, Fuel Fix reports, gasoline has already dropped below the $3-a-gallon threshold. And that number could keep falling.
Lowered demand for gasoline couple with abundant supply means prices will likely continue to fall as colder weather limits extensive trips. Nationally, a gallon of gas averages $3.33, 30 cents cheaper than a year ago. That number could drop to $3.20 shortly, some analysts say.