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KD:Roller coaster on Wall Street leads to lower gas prices
 
TUCSON, AZ (KOLD) - Stocks have been up and down on Wall Street this week, but the roller coaster is leading to some relief at the pump.

It may be good news for your gas budget, but bad news for the economy over-all.

The drop in gas prices is due to a free-fall in crude oil prices.

This week oil has traded below $80/gallon for the first time in almost a year.

The price has dropped due to expectations that the world's economies are headed for hard times.

That would cut demand for oil and gas, but also for workers and goods.

And economists predict nervous consumers will hold onto the extra money lower gas prices bring, rather than spend it.

AAA officials say drivers can expect even lower prices if oil continues to trade in the $80 range.

Some experts even think prices could drop as much as $.50 over the next several months.

Analysts predict prices to hit bottom in November and then climb from there.

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