JACKSONVILLE, Fla. – After rising for over a month, gas prices are starting to drop. AAA predicts that downward trend will continue well into the summer season.
It says the unusual July decline will come during record-high refinery production. It says supply will outweigh demand.
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AAA is predicting prices as low as $2.00 per gallon this spring and summer.
A nuclear deal with Iran could also increase supply, meaning even lower prices at the pump.