Here’s How Gas Prices Could Drop by 50% Very Soon

Gas prices just reached a new high for 2017. AAA reported that prices at the pump have inched up every day over the course of three weeks, reaching an average of $2.42 per gallon nationally as of Friday. That's up 13¢ from a month ago, and up 31¢ compared to 12 months ago.

Still, in the grand scheme, American gas prices are quite cheap today, as anyone driving during the $3.50+ days of 2013 and 2014 can attest. And prices could very well become even cheaper in the near future.