---
title: "Drive Wire for August 11th, 2016: Experts Say Gas Could Fall Below $2 Per Gallon by October"
description: "Good news for anyone already planning their Thanksgiving vacation."
date: "2016-08-11"
modified: "2016-08-11"
authors:
  - name: "The Drive Staff"
    link: "https://www.thedrive.com/authors/the-drive-staff"
url: "https://www.thedrive.com/article/4804/drive-wire-for-august-11th-2016-experts-say-gas-could-fall-below-2-per-gallon-by-october"
categories:
  - "News"
---

# Drive Wire for August 11th, 2016: Experts Say Gas Could Fall Below $2 Per Gallon by October

![](<https://www.thedrive.com/wp-content/uploads/images-by-url-td/content/archive-images/081116-drive-wire-tn.jpg>)
*\<em\>www.thedrive.com</em>*

Today on Drive Wire, *The Drive* discusses report that claims that American [gasoline prices are expected to drop below $2 per gallon](<https://fortune.com/2016/08/10/eia-predicts-gas-below-2-a-gallon/>) in the fourth quarter of the year. According to the U.S. Energy Information Administration, the average national gas price is expected to fall to $1.95 per gallon by October, and should stay below the $2 per gallon mark until February of 2017. What's the cause of this anticipated fall in gasoline prices? Check out the video above to find out.

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