Gas prices finally dropping as fears of impending recession take hold

If you have been to the gas station over the last few weeks then you have no doubt noticed prices dropping. It's a welcome relief after a record high of more than $5 per gallon in June. But now that road trip you've put on hold is a possibility again. Experts say the average price for a gallon of gas could fall more than 20 cents over the coming weeks. Gas stations are setting lower prices already, going down a penny or two every day. While gas prices appear to be on a downward trend, economists say inflation will still put a crunch on people's pocketbooks through at least the fall in areas like food. They say overall inflation is starting to slow down across the board. The reason is that consumers are afraid of a recession and spending less.