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Gas Prices Expected to Drop Sharply


Gas Pump

Gas Prices Expected to drop sharply.  Gas prices are expected to drop sharply in the coming days, dropping down near $2 per gallon in some states.
As of yesterday,  the national average was $2.78 per gallon but analysts say it could drop all the way down to $2.50 by Tuesday. The reason? Increased worldwide production that is leading to a surplus in oil reserves.
However, the dip might be a temporary one, with new oil sanctions being imposed on Iran beginning Monday.
Could lower gas prices impact the midterm elections? Why do you think oil prices are so volatile?

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