Saving You Money at the Pump - Hometownstations.com-WLIO- Lima, OH News Weather Sports

Saving You Money at the Pump

As the election approaches, gas prices have dropped, but is there any correlation between the two?

Dropping 21 cents per gallon, Ohio gas prices have fallen to an average of $3.36. Gas prices in lima have also dropped, averaging $3.11 a gallon. Experts say this is typical this time of year, citing a decline in demand is leading to a decline in cost at the pump.

With the presidential election drawing near, many voters contribute lower gas prices to gaining votes for President Obama, but analysts say things would be the exact opposite if the elections were earlier in the year.

According to predictions, gas prices could drop as much as 50 cents a gallon in the next month, thanks to less demand and a cheaper grade of Winter gasoline.