Sales were better than expected this past Black Friday, but will it last till Christmas?
Prices have dropped by half in a few months, and could go lower still.
An interest-rate move Wednesday could make some loans cheaper than at any time since 2003.
Prices below $4 a gallon could help carmakers and back-to-school retailers.
If the decline continues, it could buoy consumers, retailers, and carmakers.
The month of May had the sharpest increase in the US unemployment rate in 22 years.
A $10 increase in the price of a barrel of oil can lower GDP by about 0.2 percent.
As the summer driving season gets under way on Memorial Day weekend, hotels, retailers, and even churches are running promotions to help consumers with high gasoline prices.
The high cost of oil and gasoline could act as a tax on consumers and undercut the government's stimulus plan.
The price may hit $3.50 a gallon this spring because of problems obtaining alkylates.