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Gas prices dropping below $3 a gallon

Filling up for the daily commute will feel a little less painful this week. Pump prices are falling across the country, and American drivers could be in for a long-term reprieve as U.S. oil production has skyrocketed to its highest levels in 30 years.Motorists in Missouri, for example, are now paying an average of just $2.877 a gallon, according to a survey by GasBuddy.com. That's the lowest figu
This Friday, Sept. 27, 2013, photo, shows a gas pump in Montpelier, Vt.
Toby Talbot / Today

Filling up for the daily commute will feel a little less painful this week. Pump prices are falling across the country, and American drivers could be in for a long-term reprieve as U.S. oil production has skyrocketed to its highest levels in 30 years.

Motorists in Missouri, for example, are now paying an average of just $2.877 a gallon, according to a survey by GasBuddy.com. That's the lowest figure in the country. But the tracking site found that eight other states have dropped below the $3 mark, with some estimates predicting as many as 30 could dip below that figure in the weeks to come.

In Connecticut, some gas stations are selling regular unleaded for $2.99 a gallon, causing long lines of bargain-seekers in a state where the average remains $3.50, according to WVIT. Just how much lower prices could fall remains to be seen.

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