Oil Prices Drop to Lowest Level in 7 Years
12-08-2015
Americans hitting the road this holiday season are receiving some good news: oil prices have fallen to the lowest in nearly seven years.
Crude dropped below the key level of $40 a barrel to $37.50.
Some experts say that it could eventually fall as low as $20-$25 a barrel, which could drop the national average for a gallon of gasoline much lower.
Right now, it sits at just over $2 a gallon. But in some states, it's as low as $1.80.
