Gasoline: How low it will go?

Experts say prices could fall by over 50 cents a gallon by July 4; after then, everything depends on hurricane season.

OF course we all know that prices have increased at record rates over the last few months so really it is the same old, same old in regards to how the prices work. Jack the price up a buck. Slowly move it back down 50 cents so that it seems like a big savings. Other than Las Vegas Real Estate there probably isn't a much better investment over the past several years than gas stocks.

After setting record highs less than a month ago, gasoline prices are on the way down.

Experts say motorists can expect gradually declining prices from now until July 4. After the Fourth, and barring any unforeseen event like war with Iran, the cost of gas will largely depend on how the hurricane season shapes up. Special Report
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Nationwide average retail prices have fallen from a record high of $3.23 a gallon at the end of May to about $3.07 as of Tuesday, a drop of roughly 5 percent, according to the motorist organization AAA. The government reported a similar decline in its latest weekly survey. more