Gas prices will continue to fall throughout the rest of the summer, bringing much-needed relief to American consumers after weeks of brutally high rates that soared past historic levels, the White House said on Sunday.
Jared Bernstein, a member of the White House Council of Economic Advisers, made the comments on CNN’s State of the Union, echoing predictions from other experts who have suggested that oil will continue fall amid a sudden drop in prices caused by reports of economic slowdown in China.
