If you’ve got a vacation planned in the near future, there’s good news for you: gas prices are going down. Gas in Iowa is selling for an average of $3.41 a gallon -- even less in Ankeny -- and dropping.
The lowest price today in Ankeny is at QuikTrip on East 1st Street, where you can fill up for $3.35 a gallon. That's from our "Commute" feature, which provides updated traffic conditions and gas prices.
Mike Right, a spokesman for AAA in St. Louis, said that there have been “significant improvements in the overall fuel economy in the last decade or so.”
Will gas prices continue to drop?
Right said that going forward, he expects to see some movement, both up and down, in gas prices, but that, so long as conditions remain stable, the downward trend will generally continue.
“If we can get by without any major outages or pipelines going down, we should see the current gas prices going down even more,” he said. “If you look at what the futures (markets) are doing as far as crude oil and gasoline, they’re looking several months out and the prices are maintaining.”
“With an oversupply situation and a demand,” he added. “I think we will see about $2 per gallon on average.”
Does this news change your summer travel plans? Tell us in comments.