If you've filled your car up with gas recently, you may have noticed that prices have been amazingly low recently.
Phillip Leara on Flickr The gas prices are as small as the Amoco sign is large.
Gas prices dropped to an average of $2.70 per gallon Monday, the lowest point since 2010. Gas prices typically dip as summer ends, but throughout the St. Louis metropolitan area and around the country, drivers have been finding finding prices at less than $3 per gallon for weeks.
Experts say a slowdown in China and domestic production here in the U.S. is to thank. When the U.S. produces more oil locally and China pulls back on how much it is consuming, the supply of gas on the international market opens up, driving prices down, Isaac Arnsdorf of Bloomberg News tells PBS.More »