Could Low Gas Prices Be Ending?

By Rachel Martin

December 23, 2012 Updated Dec 23, 2012 at 10:14 PM EDT

UNDATED (www.incnow.tv) – You may have noticed gas prices dropped over the past two weeks. Gas analysts say it's a trend that's lasted nearly three months, but it's coming to an end.

Analysts say the average price for a gallon of regular gas fell about 11 cents between Dec. 7-21.

Right now, the average price for gas in the U.S. is just over $3.25 a gallon.

Prices have been falling since early Oct., going down nearly 58 cents a gallon.

The current price is just two cents more than it was this time last year, but experts caution this trend could be ending. They predict prices may go up five to 10 cents a gallon in the coming weeks.




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