Could this be the crest of the gas price wave?
Could it be that gas price flood waters are about to recede?
After months of steady increases, the average price of a gallon of regular dipped slightly Friday, according to AAA Mid-Atlantic.
We're not talking about anything dramatic here, but that price dropped four-tenths of a cent between Thursday and Friday -- going from $3.986 to $3.982. By itself that wouldn't mean much, but crude oil prices have been declining this week after last week's killing of Osama bin Laden. And on Thursday the price of crude -- the biggest factor in gas prices -- took a tumble of nearly 10 percent.
If this does prove to be a market top, prices would fall short of the 2008 Maryland record of $4.05. Stay tuned. The next week could tell whether travel will be constrained by gas prices or freed up by an otherwise expanding economy.






