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MIAMI, FL - FEBRUARY 04:  Raul Rivero uses a gas station's pump to fill his vehicle with gas on February 4, 2013 in Miami, Florida. Reports indicate that gas pump prices are at their highest level on record for this period of the year and may be an indication that the year ahead may see even higher records.  (Photo by Joe Raedle/Getty Images)
MIAMI, FL - FEBRUARY 04:  Raul Rivero uses a gas station's pump to fill his vehicle with gas on February 4, 2013 in Miami, Florida. Reports indicate that gas pump prices are at their highest level on record for this period of the year and may be an indication that the year ahead may see even higher records.  (Photo by Joe Raedle/Getty Images)

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Gas prices hit lowest level in 11 years

Gas prices fall to their lowest Labor Day level since 2004 and could hit $2.11 this year. CNN Global Economic Analyst Rana Foroohar weighs in on why.

Gas prices hit lowest level in 11 years

Gas prices fall to their lowest Labor Day level since 2004 and could hit $2.11 this year. CNN Global Economic Analyst Rana Foroohar weighs in on why.