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Why gas prices are falling — and will keep going down

MoneyWise Logo By Doug Whiteman of MoneyWise | Slide 1 of 9: The signs at service stations are enough to give you whiplash. After rising for months and even pushing past $4 a gallon in some places, gasoline prices are falling. And quickly. Forecasters say serious savings are on the way, because people in some parts of the country will soon be paying less than $2 a gallon. Usually the cost of gas goes up over the summer, so enjoy the unexpected plunge at the pump! The timing couldn't be better, as millions of people make plans for memorable summer road trips. Click to see eight reasons gas prices are falling now -- and are likely to continue to go down over the next few months.

Some drivers will soon be paying less than $2 a gallon

The signs at service stations are enough to give you whiplash. After rising for months and even pushing past $4 a gallon in some places, gasoline prices are falling. And quickly.

Forecasters say serious savings are on the way, because people in some parts of the country will soon be paying less than $2 a gallon.

Usually the cost of gas goes up over the summer, so enjoy the unexpected plunge at the pump! The timing couldn't be better, as millions of people make plans for memorable summer road trips.

Click to see eight reasons gas prices are falling now -- and are likely to continue to go down over the next few months.

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