turning now to some good news at the pump gas prices are falling now below $3 a gallon in more than a dozen states so how far will they go ABC's Alexis christopherus is here to break it all down Alexis good morning good morning wait you know gas prices haven't dropped below $3 a gallon in more than three years but some experts say it could happen as soon as late October if not sooner it is welcome relief for drivers after years of high gas prices AAA says the national average for a gallon of regular now three 321 that is down 23 cents from a month ago and 64 cents cheaper than a year ago pump prices are expected to fall even further as the US continues to produce a record amount of oil the busy summer driving season is also winding down and gas stations are now switching to the cheaper winter brand of fuel drivers in at least 15 states are already paying less than $3 a gallon including Texas Tennessee and Mississippi where gas is around 270 five now that's a stark contrast to out west where drivers in California are still paying nearly $5 a gallon that steady decline in gas prices a big reason why inflation has been cooling off and it should give the FED more incentive to cut interest rates for the first time in four years at next week's meeting making a cheaper for Americans to borrow money guys all right we love that cheaper winter BL exactly it's that summer blend that gets you in your we don't like that thank you Alexa say