And evidently, we have crude oil prices to thank.

Here's the deal...

Crude oil prices rose to $51.64 a barrel on Friday.  Wednesday of last week, OPEC (The Organization of Petroleum Exporting Counties) announced an agreement to cut crude oil production.  That was a surprise.

According to NJ.com,

The expected news came Wednesday after OPEC announced a six-month agreement to cut crude oil production by 1.2 million barrels per day, starting on Jan. 1, with a stated goal of "restoring a global oil demand and supply balance."

The reason gas prices have been so low over the last year or so is because there was a surplus.  Sounds like that will all begin to change on January 1st.

For more details about what may happen, read the full story at NJ.com.

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