Crude was being sold per barrel in the $76 range. Today, the price is barely holding at $51, he said.
This time a year ago, some analysts were predicting $100 a barrel.
McTeague said prices could fall lower -- by four or five cents a gallon -- leading up to New Year's Day.
Wednesday evening, the lowest price for regular is $1.84 at the Amoco on South Limestone Street in Springfield.
Visit Pump Patrol on whio.com to check gasoline prices in the region.
It’s another round of positive sticker shock at gas pumps in the Miami Valley.
There are several filling stations now selling gas for under two bucks a gallon, according to daytongasprices.com.
The lowest price in the Dayton area as of 6:45 p.m. was at Sam’s Club on Miller Lane in Butler Twp.
The lowest price in Centerville/Washington Twp. at 7 p.m. was $1.99 at the Costco, on Cornerstone North Boulevard and Wilmington Pike.
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