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Gas prices are silver lining during weakened economy
There’s some good news behind the discouraging headlines on the economy: Gas is getting cheaper. At least two states had stations selling gas for $2.99 on Friday and it could fall below $3 in more areas over the weekend.
FILE - In this May 28, 2010 file photo, the rush hour commute starts in early afternoon and with greater intensity as traffic is jammed in both directions on Interstate 405 on the Westside of Los Angeles as commuters and vacationers hit the road. More Americans will hit the road this holiday weekend than a year ago. And they'll have a little extra money to spend thanks to lower gas prices. About 30.7 million people will drive more than 50 miles on vacation for Memorial Day, according to auto club AAA. That's 400,000 more than a year earlier, a jump AAA attributes to improvement in the economy and consumer sentiment. The number of holiday travelers grows to 34.8 million when you throw in planes, trains and other means of transportation, a 1.2 percent increase from 2011.(AP Photo/Reed Saxon, file)
A plunge in oil prices has knocked more than 30 cents off the price of a gallon of gas in most parts of the U.S. since early April. The national average is now $3.61. Experts predict further...
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