"Plummeting gas prices giving consumers a lift" by Erin Ailworth | Globe Staff, November 06, 2013
Job growth is far from robust, and wages are barely keeping up with inflation. But in an otherwise struggling economy, consumers may find a reason to smile as gasoline prices seem headed to below $3 a gallon for the first time in nearly three years.
It's stalled at $3.37 around here.
The average price of gasoline has plunged in Massachusetts and across the nation in recent weeks, driven by an equally sharp drop in crude oil prices....
Many analysts expect those declines to continue. With US oil production booming, global demand moderating, and tensions in Middle East easing, some even say a period of stable, moderate gasoline prices may lie ahead....
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Yeah, good thing “the US economy isn’t doing so hot right now and neither is the global economy [that is] awash in oil.”
