Oil prices are down over last 6 months: what does it mean for gas prices?

1. Oil prices fall to their lowest since spring 2021 at $59 a barrel. 2. Gas prices are slightly rising but remain 50 cents lower than last year. 3. EIA forecasts lower gasoline prices due to anticipated crude oil price decline. 4. OPEC+ plans to increase oil output, escalating production disputes among members. 5. Investors fear that low oil prices may reduce big oil's share buybacks.