Prediction That Gas Prices Will Drop Below $2 Again

But how low will they go this year?

The group GasBuddy is predicting the trend will last through the holidays and drop below $2 a gallon again.

Their prediction calls for a national average of $1.98 by December, with 20 states seeing sub-$2 prices, including Tennessee and Georgia.

“We’re confident that our projections give consumers more than accuracy; we think they’ll help them identify some savings that should come in handy at Thanksgiving and Christmas,” said Patrick DeHaan, senior petroleum analyst for GasBuddy.

“It’s interesting to remember that last year the national average shed more than $1.27 from August 1 through December 31 when the U.S. average was $2.24,” DeHaan pointed out. “This year, if we see just half of that decline it will bring us to below $2 per gallon.”

Here are the national average projections for the rest of the year.

August: $2.54

September: $2.43

October: $2.28

November: $2.10

December: $1.98

“As motorists wrap up their summer vacation road trips, demand for gasoline slips in autumn and winter. At the same time, refining margins are strong and with the switch to cheaper winter grade gasoline in the coming month, ample supply of discounted gasoline will be available to motorists. It’s the perfect recipe for savings."