Gas Prices Trend Lower But Remain Above Year Ago Average

(Undated) — While pump prices haven’t exactly plummeted, we have seen the average price drop nationwide. GasBuddy Head of Petroleum Analysis, Patrick De Haan, says with gas prices now nearing a 10-cent drop to the high we saw a few weeks ago, the future looks good as we get closer to Memorial Day. He says price drops could potentially accelerate after last week’s jobs data shows the economy continues to cool off. De Haan says while gas prices stand slightly above where they were last year, he expects most Americans will see prices fall before the holiday weekend, and he’s optimistic the trend could extend into June and beyond. The current national average is $3.62 a gallon, a dime higher than at this time last year.