Gas prices are poised for first weekly drop since April
CBSN
American motorists can expect some minor relief, with gasoline prices set for their first weekly drop in more than two months amid declining oil prices and a dip in consumer demand.
"Oil really tumbled today — the market is so headline driven," said Andrew Gross, a spokesperson for auto club AAA, which tracks fuel costs. "There is a lot of worry about global recessions, which will cause a big slowdown."
The national average for a gallon of regular unleaded stood at an even $5 on Friday, three days after hitting its all-time peak of nearly $5.02, according to AAA, which updates the figure daily.
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