Oil and gas prices are down big and right now there is no up. Opec, the organization of Petroleum Exporting countries said today it has no set target. The price of oil is down from 108 a barrel in june to below 58 friday, and opec says even if the price goes to 40 they will not change production levels. What that means for gas prices, likely a similar slide. The cost of a gallon is already down more than 1 since june. We have two reports starting with jericka duncan. Reporter nationally, the average for a gallon of regular gas is 2. 56. Down from a more than 4 average in july of 2008 when prices hit an alltime high. And places like california where drivers typically pay more for gas, the current average per gallon is 2. 88, that is down from 3. 59 in 2013. Denton monitors the average for Oil Price Information service. How low do you think gas prices will actually go . I think by christmastime we will be below 2. 50, it will be cheapest christmas since 2008 but from there prices will co