Gas Prices Could Drop to $3 Per Gallon

With fuel prices falling across the country, experts believe they could hit a three-year low.
0:55 | 09/24/13

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Transcript for Gas Prices Could Drop to $3 Per Gallon
Some good news, though, for those about to start a morning commute. Gas prices are going down again. But by how much? And where? Abc's gio benitez has the answers. Reporter: Good morning, josh. Good news, indeed. Gas prices are falling across america. Some experts believe we could soon see them as low as $3 a gallon. The price of gas is down to $3.50 a gallon, dropping 5 cents last week. But that price is down 33 cents compared to last year. For the cheapest gas, look a on the gulf coast. 3.23 a gallon. The most, $3.87 a gallon. If prices dropped to $3 a gallon, it would be the first time that happens in three years. The experts point to the end of summer driving season, for one reason that's happening. And refineries are switching to cheaper gas during the winter. Now, to an incredible car crash.

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