The price of gasoline has dropped 50% in the last 2 years. The average nationwide price of gasoline was $1.728 a gallon on Friday 2/26/16. Two years ago (2/26/14), the average nationwide price of gasoline was $3.432 a gallon. (For more information, visit http://fuelgaugereport.aaa.com/news/).
For consumers, Gasoline price reductions are like tax cuts. They both stimulate the economy according to most economists.