With the national average for retail gasoline at $2.86 a gallon, down $1.25 from the all-time high and just 4 cents higher than where it was a year ago, it's a pretty good bet that gas prices will be below where they were a year ago by the weekend. That hasn't happened in 14 months!
With expectations for gas prices to head to $2.75 a gallon or lower by the end of the month, plummeting prices are likely to have a real impact on the economy.
Drivers are saving about $55-$65 per month compared with what they were paying in July, when gas prices were over $4 a gallon, according to Tom Kloza at the Oil Price Information Service.