Crude oil prices have experienced a downward trend in 2015. While some up-and-down fluctuation has been present, the overall price per barrel has inched downward with this trend expected to continue, bringing the average gas price to around $2.25 per gallon, based on data from AAA and Gas Buddy. This stands in stark contrast to gas prices just last year, when the average was closer to $3 per gallon.
Demand for gas continues to stay strong, with the drop in price attributed to oil surpluses, according to various reports, such as one from Reuters. While the drop in crude oil prices is good news for consumers at the gas pump, some investors are anxious about falling prices. However, every investment has up and down periods, and oil holdings are no exception. As the surplus of gas reduces, price will rise, as will investor returns.