SBT Car News

Lower Gas Prices In The Near Future Are Sure To Bring A Smile On Your Face!

Gas-Pump

One of the trends witnessed in the automotive industry and car purchasing is the steady decline of car purchasing behavior due to costly maintainance, expensive fuel and numerous other added costs along with it. The new lot is now focusing more on services like Uber which allows them to hire a vehicle at an affordable rate at any moment of time with ease and comfort. However there is good news for these people and those who already own vehicles.

If you thought the continuing decrease in gas prices was great news brace yourself for the nose dive that is expected in the near future. This is going to make your expenses a lot less and feasibility as lot more putting huge 1000 watt smiles on your faces. Oil prices are expected to go down from $70 a barrel and therefore lead to decreasing price of fuel for the common man as well. This great news is due to the recent announcement by the Organization of the Petroleum Exporting Countries to continue the supply of crude oil hitting the market and not halt due to certain previous issues.