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Economy |
Average Gasoline in USA now below $2/gal |
2020-04-01 |
[CNN] The average price of a gallon of gas has fallen below $2 in the United States ‐ the lowest price in four years, according to AAA. 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. per AAA website, price/gal is $1.26 in Adair County OK but $3.65 in Hawaii big island |
Posted by:lord garth |
#4 ^ Is it worth it? |
Posted by: Lex 2020-04-01 23:21 |
#3 Well, our entire office is taking a 20-25% pay reduction:S This really sucks and I guess it's too much to hope that this stupid virus ravishes the ME so they have to stop or slow production. |
Posted by: Silentbrick 2020-04-01 22:52 |
#2 ...You could make the case that this helps prove that the Chinese have lied about casualties and how many people had recovered and how everything was fine - if it was, they'd be using more oil and the prices would be going up. Mike |
Posted by: Mike Kozlowski 2020-04-01 18:55 |
#1 Looks like the demand for gasoline is down during this coronavirus period where people are staying put. Thank goodness, the U.S. decided to become oil and energy independent. |
Posted by: JohnQC 2020-04-01 11:09 |