"US Gasoline Prices Plummet for 60 Consecutive Days, Boosting Holiday Spending"
Gasoline prices in the US have been falling for 60 consecutive days, marking the longest streak of declines in over a year. The average price of a gallon of gasoline is now $3.25, over 60 cents below the year's peak in mid-September and about 30 cents cheaper than this time last year. This drop in prices is expected to continue due to lower prices for crude oil. The decrease in gasoline prices is seen as a win for US holiday spending, as it allows American drivers to save money at the pump and potentially boost consumer retailers during the critical year-end shopping season.