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Gasoline prices could be the cheapest for any fall since Obama was first elected

Gas prices to drop in fall?

Drivers may see the cheapest average fall gasoline prices since the year President Barack Obama was first elected, and home-heating fuel prices could be setting up for another 16-year low.

Absent a spike in oil prices, the glut of refined products is creating a bonus for consumers, with gasoline inventories in the Gulf Coast area at the highest level since 2013 and diesel, including heating oil, at 2010 levels nationally, according to John Kilduff of Again Capital.

"It's the autumn of consumers' content," said Kilduff.