Gas Prices Plunge After Dramatic Oil Price Drop, Offering Relief to Drivers

Oil prices have plunged dramatically in recent days after spiking to high levels, bringing relief to drivers and policymakers.

Gas prices nationally could fall to around $3.25 per gallon by Halloween, according to experts.

The drop in gas prices will provide a significant break for consumers exhausted by inflation.

Speculative pressure from oil bulls and hedge funds is seen as a key driver of the recent oil price spike.

Prices are expected to rebound again next spring as demand returns and refineries struggle to keep up.