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Gas prices below $3

Tuesday, November 12, 2013 - 12:49 pm

The price of gas dropped below $3 Tuesday morning. Pictured is the sign at the Marathon station at 2420 W. Jefferson Blvd. Prices of $2.98 were reported at several stations Tuesday morning.

Average retail gasoline prices in Fort Wayne have fallen 19.2 cents per gallon in the past week, averaging $3.07 per gallon Sunday, and $3.019 Tuesday morning, according to gasoline price website GasBuddy.com's daily survey of 201 gas outlets in Fort Wayne. This compares with the national average that has fallen 5.4 cents per gallon in the last week to $3.20 per gallon, according to gasoline price website GasBuddy.com.

“Gas prices across many communities are now the lowest since they've been since the Libyan crisis in February of 2011,” said GasBuddy.com senior petroleum analyst Patrick DeHaan in a news release Monday. "Prices nationally could drop to as little as $3.05 a gallon by Christmas.”