Gas prices have been declining at a record pace.
Rose White with Triple-A Nebraska says gas prices have fallen every day for nearly three months.
Nationally, gas prices have fallen every day since September 25th, a record.
“The current week-over-week drop of 15 cents is the largest such decline in more than six years,” White tells Nebraska Radio Network affiliate KLIN. “Motorists are paying 43 cents less than a month ago and 85 cents less than a year ago.”
White says 88 straight days of falling gas prices sets a new record. White says the drop at the gas pump has followed the steep fall of oil prices.
White says the drop at the pump will continue.
“Looking at today’s commodity prices and the drops continue in the commodity market, meaning that we can expect to see further declines up ahead.”
White attributes the price decline to an increase in domestic oil production and the production of more fuel-efficient cars.
White says that will contribute to a record number of Americans driving more than 50 miles from home for the Holidays this year.
