At $2.50 per gal for unleaded, gas stations are still making >40% gross margin. Refining capacity is still being artificially restricted in the United States. I think prices will continue to fall in the US this year, in fact $1.99 gas is not out of the questions.
Considering that two new refineries came online in Q2, and a strike ended in St Louis in April, I think we have plenty of domestic capacity. I doubt that Iranian oil will make it to the USA anytime soon, but China and India will buy it ASAP. That probably means that our prices will continue to fall.
Personally, I think $2.50 a gal is artificially high as it is.
2014 Forest River Shamrock 21DK
2012 Ford Expedition Limited
Load Leveler / Sway Bar (800#)
Tekonsha P3 Prodigy Brake Controller
2016 - Four trips, 11 states, 19 nights
2015 - Four trips, 12 states, 17 nights