AAA: Gas should be lower in 2014

By Shan Li, Los Angeles Times

Motorists driving in the U.S. in 2014 may enjoy some relief at the gas pump, shelling out about 5 cents less per gallon compared with this year, according to AAA.

Rising domestic crude oil production and increased refining capacity are helping insulate the U.S. from global disruptions in production, according to the motorist club. That has helped drive down average gas prices this year to their lowest level since 2010. In 2013, the average price of a gallon of regular gas was $3.49, compared with $3.60 in 2012 and $3.51 in 2011, AAA said.

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