Report: Gas may drop as low as $1 per gallon; Alabama prices among nation's lowest

January 11, 2016 11:07 AM

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With the national average for a gallon of gas at its lowest point in at least seven years, a report Sunday said prices may plummet to as low as $1 per gallon.

USA Today reported that as oil prices fall and refinery capacity stays strong, a gallon of regular gas may drop to as low as $1 – a price that hasn't been reached since 1999.

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