Get Ready for $2 Gasoline Again
- Pump prices poised to slide below $2 first time in six years
- OPEC lifting ceiling on crude output seen lowering fuel costs
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Who would have thought OPEC could bear tidings of seasonal cheer?
U.S. gasoline pump prices are poised to drop below $2 a gallon for the first time in more than six years, which is sure to bring comfort and joy to drivers. Oil has plunged by 39 percent since June and may keep falling after the Organization of Petroleum Exporting Countries essentially lifted the ceiling on its crude production.