Government Shutdown could cause gas prices to fall - Fox 28: South Bend, Elkhart IN News, Weather, Sports

Government Shutdown could cause gas prices to fall


The Government Shutdown could actually end up easing the pain at the pump.

The experts over at Gas Buddy tell FOX28 we're not seeing any impact right now, but if the shutdown lasts one-to-two weeks or longer, you'll start to see prices go down.

That's because there will be less demand.

"There's so many trickle down factors.  That means government employees not going to work, government employees not driving government vehicles around.  The rest of the economy, the rest of America is basically watching this and it's changing their perceptions, their behaviors," says Patrick DeHaan with Gas Buddy.

We saw this play out before.

Gas prices went from $4.00 a gallon all the way to about $1.70 in 2008 as the economy took a tumble.

Check out the lowest gas prices where you live!

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