This week people all across the United States are feeling a much needed relief in their wallets as the price of gas has dropped drastically yet again. According to national studies the average price of gas has fallen around 20 cents in the past week which is an absolutely astonishing drop for such a short time period. This is great news for millions of Americans who are already struggling to make ends meet.
Those in need all around the U.S. have been celebrating the drop in gas as it really does mean that they will have a little extra cash for Christmas. Analysts are not exactly sure what caused the drastic drop in fuel prices but they say that unless something major happens the prices will more than likely continue to drop. This is yet again great news for everyone in the United States because the lower gas prices get the more money people will finally have to spend and hopefully help rebuild the economy.
The other good news associated with this drop in gas prices is that it does in fact indicate a positive feeling towards the U.S. economy at this time. Spending at retail stores for the holiday season is up compared to previous years and overall economists are very happy with the way things are going which may very well help boost the economic regrowth and help get everything back to normal sooner than expected.