Gas Prices Beginning to Fall

As Memorial Day approaches and the summer travel season heats up, travelers are hoping for a break on the recent surge in gas prices. Many experts expect prices to moderate over the next week or two thanks to lower wholesale prices.

“We can expect retail gas prices to come down within the coming weeks,” says Troy Green, spokesperson for AAA. “Exactly how much that will be, we don’t know. However, wholesale gasoline right now is trading significantly less than it was earlier this spring, and that bodes well for the summer driving season.”

Some analysts expect prices to fall by as much as 50 cents per gallon over the next two months.