Lower Gasoline Prices Could Provide Stimulus

Washington, DC, June 15, 2012 -- If gasoline prices remain at their current levels for a year, it could translate into a $53 billion stimulus for the economy, according to CNN Money.

Gasoline prices have declined about 40 cents, or 10%, since early April.

With U.S. drivers expected to use about 133 billion gallons this year, the  price break works out to about $53 billion in annual savings that could be spent elsewhere in the economy.