WASHINGTON DC (WKZO AM/FM) – State residents may soon have something to be thankful for, as experts are predicting that gas prices could be on the decline soon.
Patrick DeHaan of GasBuddy.com reports that, with the price of oil decreasing, motorists could see a drop in prices very soon…even with the Thanksgiving holiday on the horizon.
In addition, DeHaan noted that lockdowns in Europe have reduced demand, as well as the possibility of the opening of the Strategic Petroleum Reserves having an effect.
Gas prices could see a drop of up to 30 cents per gallon in some cases, according to DeHaan- especially if the price of oil continues to move downward.
