Oil Prices Decline; Summer Boating May Be Saved

With the boating industry facing an uncertain summer, bulk oil prices went down under $130 a barrel on Tuesday, after the traditionally vacation-heavy Memorial Day weekend. Prices sank amidst reports that demands for gas had dropped due to high costs; others speculate that it was simply a high peak in the normally high holiday weekend.

With these declining prices, analysts are now claiming that gas prices may not reach $4 a gallon, after all.