At this time in 2011, gas prices across the nation were $3.86 a gallon, the same as they are now. This is the first time in more than two years that gas prices haven’t gone up year-to-year, according to CBS News.
In the last week alone, gas prices have dropped five cents. In fact, the national average for gas prices has dropped by eight cents, from $3.94 to $3.86, since April 6, according to the article. Part of the reason for the decline in prices is the drop in prices for crude oil. Another factor is easing tensions with Iran.
"It's not gonna be enough to buy a boat, but you're gonna save a little bit of money," Tom Kloza, who works with the Oil Price Information Service, told CBS News. "You're certainly not gonna pay some of those $4.50 and $5 numbers that were talked about awhile ago."
The downward trend may not last, but prices should stay low for a while, Kloza told CBS News.
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