Gas prices to soon hit 2012 low

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Drivers pass a North Little Rock, Ark., gas station in this Oct. 30 file photo. Gas prices have been dropping, and by Monday, the national average should fall below $3.2775 a gallon, tying the low for the year set on Jan. 1. Associated Press

Gas prices will soon drop to their lowest level of the year.


By Monday, the national average should fall below the $3.2775 a gallon drivers were paying on Jan. 1, according to analysts. The drop is a present for those planning to hit the road during what is expected to be the busiest Christmas travel season in six years.


Still, it’s more like a stocking stuffer because for the second straight year, Americans will spend a record amount on gasoline. The government estimates that gas averaged $3.63 a gallon this year, 10 cents above the record set a year ago.


Drivers can only hope that forecasts for lower prices next year will come true.


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