Nation & World News
How low will they go? The price of gas is dropping and it could go lower
- Teen killed in horse accident giving life to other children
- Audit finds millionaire living in public housing
- Micropreemie beats odds, finally goes home after nearly a year in hospital
- Office of dentist accused of killing Cecil the Lion becomes makeshift memorial
- 911 operator hangs up CPR giver as teenager dies
Gas prices across the country are dropping now that we're more than halfway through summer.
In Tennessee, it's actually closing in $2, with the lowest costing $2.03 a gallon, according to WBIR.
The state's average is $2.38.
The same is holding true for other parts of the country.
In central Ohio, gas is approaching $2 a gallon also. A month ago the price was nearing $3, coming in at $2.82 a gallon.
According to the Columbus Dispatch, the national average this week was $2.82. It was the lowest since January and unusually low for the summer.
So why is the price declining?
It is thanks to growth in the domestic oil supply and the discovery of new sources of petroleum.
