Detailed text transcripts for TV channel - KGO - 20120614:09:38:00
>> reporter: who can forget that painful peak back in early april. national average of $3.494 a gallon. now, around the country, prices have plunged. all the way done to an average of $3.54. and department of energy says it will be on cruise control around those prices throughout the summer to labor day. >> any relief at the gas pump for americans that at least have jobs is good news. >> reporter: what is behind the drop? experts say the tough economy means less demand combined with plunging price of oil means lower prices at the pump. >> it's great, dropping under $3. but it's still a long wa...
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