San Francisco News

Gas prices drop during summer travel season

Monday, June 25, 2012

Gas prices are falling at a time of year when they're usually going higher.

We are now in the summer travel season and gas prices at some San Francisco Chevron stations are down to $4.05 per gallon. ABC7 found that some gas stations in Emeryville are selling gas at $3.98 per gallon.

Experts say gas prices could fall by another 11 cents by the Fourth of July because oil prices are at eight-month lows.

The cost of crude has plummeted over the past two months amid increasing signs of a slowdown in the global economy.

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