E2-Wire

Oil prices drop below $100 per barrel

by Ben Geman - 05/05/11 8:23 PM ET

“Some analysts said the lack of any terrorist retaliation for the killing of Osama bin Laden also led oil prices lower. Earlier in the week, industry and government surveys showed that Americans are buying less gas as pump prices rise,” the AP reports.

With oil prices dropping, gasoline prices, which have climbed to an average of nearly $4 per gallon nationwide, may not be far behind.

Check out this story in The Hill for more on where pump prices may be headed.

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