By: Dave Spencer Email
By: Dave Spencer Email

A new report from AAA says since gas prices hit a record high in mid- July, the price has been continuing to drop and it looks like the trend could continue.

The national average is $3.87 a gallon, down 7 cents a gallon from one week ago and about a quarter's worth below the record high price of $4.17 set on July 17th.

AAA credits this downward trend to an overall change in behavior, saying when gas hit $3.00 a gallon, it noticed consumers cutting back on gas use by driving less or smarter and switching to fuel efficient vehicles.

They also say that once the dollar gains strength the prices will drop even more significantly.

The are also confident that even if prices are low, bad habits won't return.

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  • by S.A.E. Location: Corbin on Aug 5, 2008 at 07:29 PM
    Its about time we as Americans cut back and put a hurting on demand .But we need to keep it up until they learn to quit hiking gas prices at the drop of a hat. I am proud of all Americans for cutting back. I know alot of us including me had to because we couldn't afford it ,but lets still cut back even if the prices keep going down.


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