Get ready for $2 gas
National average price for gallon of gasoline falls to $2.125. Peak was $4.114 in July.
NEW YORK (CNNMoney.com) -- Remember $4 gas? Soon it will be $2 gas.
As the nation's economy worsens, the demand for oil and gas wanes. As a result, prices drop. And drop. And drop.
The price of gas fell overnight Saturday for the 59th consecutive day.
The national average price for a gallon of regular gasoline fell 2.7 cents to $2.125 a gallon, according to a survey released Saturday by the American Automobile Association.
A gallon of gas has dropped 48.3% since hitting an all-time high of $4.114 on July 17. It's been nearly two years since prices were this low, according to AAA figures.
At the high end, drivers in two states are paying an average of $3 or more: Alaska, at $3.205 a gallon, and Hawaii, at $3.056.
But there are now 15 states where the average price has fallen below $2. Missouri had the cheapest gas in the nation, at $1.837 a gallon.
The rapid decline in gas prices comes as the price of crude oil continues to collapse. Crude prices, which make up roughly half of gasoline prices, have fallen more than 60% since hitting a record $147.27 a barrel on July 11.
Crude for December delivery fell $1.20 to settle at $57.04 a barrel on Friday. 
-
Anne Giapapas has a job in one of the 15 most overworked and underpaid professions. More -
These 5 businesses are offering their services -- from shoes to hair cuts -- to the unemployed. More -
These rising stars, like Facebook's Mark Zuckerberg, have great jobs to fill. Here's what they're looking for. More -
They graduated into the worst economy in decades. Here's how 11 grads are getting by. More -
Executives like News Corp. chairman James Murdoch raked it in. Where the other 19 rank. More -
These 5 cities have the fastest-growing foreclosure rates. And they're not the usual suspects. More
