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Falling oil prices should indicate cheaper fuel
For the past several weeks and even several months, oil prices have held fairly steady, remaining in the mid-$60 per barrel range. But, thanks to OPEC’s increased production, that trend is no more. Patrick DeHaan, senior petroleum analyst for GasBuddy.com, said banks were predicting a drop. DeHaan said that fuel prices drop along with oil prices, and that’s a trend that should continue for a while. For more information, visit GasBuddy.com.