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Retail gas prices hit lowest level of the year: AA

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SAN FRANCISCO (MarketWatch) — The average U.S. price for a gallon of regular unleaded gasoline stood at .28 on Monday, the lowest price of 2013, according to AAA. The motorist and leisure travel group also said it expects gas prices to fall even further, approaching the end of the year “as sufficient, flat demand, the shift to cheaper winter-blend gasoline and falling crude-oil prices likely mean cheaper prices at the pump.” On Friday, Missouri became the first state to fall below a gallon since Wyoming averaged below that mark on Feb. 7.

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