The plunge can be attributed to the ongoing coronavirus pandemic, which has wiped out demand as people are increasingly told to shelter at home. The ongoing oil price war between Russia and Saudi Arabia has exacerbated that decline.Not even two weeks ago, the price of a gallon of gas was $2.19, but could be purchased for $2 or less in about a dozen of states. Today, drivers can find a gallon of gas for $1.99 or less at roughly 70% of US gas stations, AAA said.
Kloza, however, predicts they will continue to drop beyond that, to between $1.25 to $1.50 per gallon in the next few months. Read MoreOil prices have been declining steadily this year. US crude plunged nearly 7% and finished at an 18-year low of $20.09 a barrel Monday as the coronavirus continues to deal a devastating blow to energy demand. At session lows, oil touched $19.27 a barrel -- the weakest intraday price since February 2002.
If there is no virus issues, it will be great...Although in our country it is not that bad here, still believe that staying home and isolating from people is the best choice.
About half the price in europe
What the price in Hollywood? Was over 5.00 in September.
I remember back in the 80s when we had a Chevy Sprint. We'd fill that baby up with $3
Nice. Since ShelterInPlace and also workingfromhome I really haven't had the need to purchase any gas/fuel in a couple of weeks. Good thing for hubby though as he still drives to his manufacturing job.
Not in Pennsylvania
1.71 in Alabama
Not in California
Not in Phoenix, getting gouged big time!!!!
Luck USA here I Uganda the fuel is increasing
Just in time for the rollback of emissions and fuel economy standards. Let's vote the bull in the china shop out. Better yet, let's 25th Amendment him and the VP (for not having invoked the 25th sooner).
At least some good news and we’re all loving that
Except for California where the democrats tax us to death.
I just paid $3.50 (San Francisco) and was actually happy about the drop in gas prices. 😝
Average is $2.80 still in Los Angeles but I’m excited it’s under $3!
in Canada it's 60 cents a litre
Nurses USA are terrists not even real nurses .read physicians books to do things NO TRAININGS. Stop_Trump20 trump helps terrorists killing USA citizens..
All ventelators they want at hospitals r keeping organs alive. Not people . ATTCKBACKUSAUSAKill off terrorists ny killing the terrorists off .
People testing neg at any clinic are down quicker with c19 virus due to climics ran by gov organization ran by obomba care Arabian MOFIA members and Italian MOFIA other terrorists TENNY ENTERPRISES ALSO HARVESTING ORGANS BLACK MARKET THRU DOCS N ALL WRKN 4-
Work 4 terrorists and plan is to kill off all USA citizens I SAY ATTACK USA AND BUST TRUMP IN CHOPS ..HE IS NOT EVEN HELPING HIS VOTERS BUT KILLING 1S VOTED 4 HIM QUICKER THEY R NOW HOMELESS JOBLESS AND SO ON .USArmy USATODAY I GIBE YOU TRUTH .
1.76 a gallon at Thorntons Riverview FL
2.15 in NY
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But some how diesel is over 2 times the price of gas that’s some BS
thx u trump
I'm sure it'll go up once we're able to leave our houses again
He better not try to take credit for this!😡
Well of course is the cheapest ever no one is allowed to be outside and everything closed
Low gas prices and no where to drive to. Isn't it ironic?
Unless you’re in Seattle, where I paid $3.29 just yesterday. 🤬
Bad for Tesla
And yet few of us can take advantage of the windfall in a state where driving is everything (+ gas here is highly taxes by the state).
Who’s driving?
$ 2.39 at Sams Club in Sacramento yesterday.
Not in Nevada
wow way i like it 1960,s style
Too bad we not going anywhere.
Trump has destroyed this economy by being swishy washy. Our military is being decimated by Covid-19 and this makes us sitting ducks by enemies Trump has inflamed since taking office. Of course we still have the nuclear option!
I keep hearing about this elusive cheap gas but apparently it’s not on the West Coast. - signed broke in the Pacific Northwest
Sign says $0.979!
ගෑස් නම් මොනාද
Yet Trump, per Putin's orders, wants to burn more oil and create more air pollution (which certainly won't help COVID-19 victims) by relaxing EPA standards.
START YOUR ONLINE BUSINESS
And people can't leave their houses. Fantastic. I suppose you have some cheap airline tickets too. Oh that must be killing your ratings. The empty airports.
Because no where to go 🙄
Not on the West coast!
Hopefully the end of fracking or of Russian oil?
Yeah, but nobody can go anywhere, so OH WELL.... LOL LOL
Supply and demand, it’s called economics. economics
We can’t go anywhere. At least we old folks can’t. WearAMask
Not in California .
Lol that is breaking news? We all see the gas pumps!
Bullish
This cannot be Cali
Supply but no demand. Nowhere to go.
Why is my gas $2.45 then?
but we can't move our vehicle outside.
So, when we don't need it, gas is cheaper...🤔
Of of this morning $2.99 Somebody hasn't gotten the word.
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