Via CBS Baltimore:
It’s been almost a week since the government shut down for business, but it’s more than a month of a dip in gas prices. Experts say the longer the government stays closed, the lower gas prices may drop.
“On the eve of the government shutdown, we saw that oil prices were trading a little bit lower,” said Ragina Averella, AAA Mid-Atlantic.
Averella says multiple factors are coming into play at the pump.
But the one her agency is seeing more in this past week is supply and demand, especially from furloughed federal workers.
“There are less motorists on the roads, particularly in the Washington and Maryland areas. So that possibly could be having an impact, as well,” Averella said.