If gasoline price forecasts for 2015 are accurate, U.S. consumers should save an aggregate $125 billion in fuel costs, analysis published Thursday finds. Motor club AAA reports a national average price for a gallon of regular unleaded gasoline at $2.04, only a very modest decline from Wednesday, but $1.24 less per gallon than this date in 2014. An increased rate of U.S. oil production, coupled with a weakened global economy, is pushing crude oil prices to record lows. That means less pain at the pump for U.S. consumers. The Oil Price Information Service said it expects the national average retail price per gallon of regular unleaded gasoline for 2015 will fall somewhere between $2.35 and $2.45 per gallon. If forecasts are accurate, OPIS said the […]

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