Gas prices unlikely to fall as fast as oil
Not so fast. That’s the message for drivers hoping a recent drop in oil prices will soon show up at the gas station. Oil has dropped $9 per barrel, or 9.1 percent, in less than two weeks. Gas prices tend to lag changes in oil, but experts don’t expect a significant move lower until the middle of October. Oil ended at $89.98 on Wednesday, down $1.39, or 1.5 percent. The national average price for gas was $3.805 per gallon, a record high for this time of year, and up 31 cents from the same date last year.