Analysts predict a massive drop in prices over the next few days and weeks. We’ll have to see if the media notices. Over the past few weeks there has been non-stop hysteria over the gas price spike on the news. There has been lots of speculation about how it’s the death knell for Biden’s presidency , of course. Will they report this? After spiking to alarming levels just last week, oil prices are suddenly in free-fall mode. The dramatic reversal should bring relief to drivers (and nervous central bankers) very soon. US oil prices plunged by 5.6% to $84.22 a barrel on Wednesday, marking the biggest one-day decline in a year. Crude dropped even further Thursday, sinking as low as $82.24 a barrel, a five-week low. This is quite the U-turn, even for the notoriously boom-to-bust oil market. As recently as last week, US crude briefly touched $95 a barrel and Wall Street banks were predicting $100 or higher amid Saudi Arabia and Russia’s aggressive supply cuts. Now, gas prices are already starting to retreat and experts predict sharper drops to come. The national average for regular gas dipped to $3.77 a gallon on Thursday, according to AAA. That’s 11 cents below the 2023 peak set last month when gas prices experienced an unusual post-Labor Day jump. Gas prices will tumble to nearly $3.50 a gallon nationally over the next few weeks, Andy Lipow, president of consulting firm Lipow Oil Associates, told CNN. Tom Kloza, global head of energy analysis at the Oil Price Information Service,…