Experts: Big Drop in Gas Prices Unlikely

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As gasoline climbed past $3 a gallon this summer, Juan Martinez of Takoma Park, Md., topped off his tank $10 or $15 at a time to prevent his wallet from hitting empty. Now that pump prices are falling, the strategy is really paying off.


Each trip to the gas station in recent weeks has been more of a bargain than the last, though “bargain” is not a word the 22-year-old government employee and part-time student would use to describe $2.74 a gallon.


It wasn’t long ago when U.S. motorists gritted their teeth at the prospect of $2 a gallon. And while it might be a welcome relief right now, most analysts say getting back to that level anytime soon is unlikely and would entail a major slowdown in the economy, if not a downright recession.






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