Enjoy This Summer's Low Gas Prices While You Can

Prices for gasoline have dropped significantly from last year's levels since oil has dropped more than 40 percent since the fall of 2014. Since last year's holiday, prices for gasoline are down $0.90 cents on a national average, from $3.67 a gallon to $2.76 a gallon today. Even with the increased demand from lower prices and a few refinery issues in recent weeks, TheStreet's Energy Analyst Dan Dicker doesn't believe that gas prices will increase significantly for the rest of the year. But after that, Dicker isn't nearly as confident. He believes that the current glut in oil becomes a serious shortage in the next few years and that gas prices are destined to see $4 and even $5 a gallon in the next 5 years. His advice is to enjoy the respite on your wallet during this holiday weekend, as he doesn't believe you'll ever see prices this cheap again during the holiday. TheStreet's Brittany Umar had details from New York.