Gas Prices Expected to Keep Falling

The average price for gas nationwide is below $2 and expected to fall another 10 to 20 cents.
1:00 | 01/19/16

Coming up in the next {{countdown}} {{countdownlbl}}

Coming up next:

{{nextVideo.title}}

{{nextVideo.description}}

Skip to this video now

Now Playing:

{{currentVideo.title}}

Comments
Related Extras
Related Videos
Video Transcript
Transcript for Gas Prices Expected to Keep Falling
Now to those plunging gas prices happening all over the country. Take a look at this. The price war in Michigan sending prices dipping to 47 cents a gallon. ABC's Rebecca Jarvis is here with more on this and, Rebecca, how low will they go. So low, robin, good morning. Most of the country isn't going to be paying quite the same as those customers at that gas station in northern Michigan, but prices this week should drop another 10 to 20 cents. The national average this morning is now $1.89, 48 states have seen prices drop this year and gas buddy is forecasting we will save an additional $17 billion at the pump this year. It's great news for consumers, robin, but, of course, there is the other side to this story. Yes, there always is. There is a downside to those low prices. What is it? All the people who are employed by energy companies, because prices have dropped so far, so fast, it also puts their jobs in jeopardy so we do think of them this morning too, robin. We do keep that in mind, Rebecca, thank you.

This transcript has been automatically generated and may not be 100% accurate.

{"duration":"1:00","description":"The average price for gas nationwide is below $2 and expected to fall another 10 to 20 cents. ","mediaType":"default","section":"ABCNews/GMA","id":"36371971","title":"Gas Prices Expected to Keep Falling","url":"/GMA/video/gas-prices-expected-falling-36371971"}