Three-dollar gas is back, but you wouldn't know it from the news, particularly when compared to all of the attention that $4 gas got a while back in the summer. Why? Well, the financial panic of course.According to an article by Mark Williams, even with the large drop in the price of oil and drop in the price of gas along with, with stock prices collapsing, credit markets freezing and jobs losses increasing, the drop in gas prices isn't the focus right now. Gas prices are expected to drop even further according to experts cited, even going as low as $2.50 per gallon.
Kit Yarrow, a consumer psychologist, doesn't expect people to change their driving habits as a result, due to being wary the prices could go right back up. And of course, economic pain on other fronts makes lower gas prices a small consolation.
Have you noticed lower gas prices where you are? Do you think it will change your driving habits?
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