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Gas prices below $2: Coming to a gas station near you (if they're not already)

A customer wearing gloves refuels at a Kwik Trip gas station in Appleton, Wisconsin, U.S., on Tuesday, April 20, 2020. Of all the wild, unprecedented swings in financial markets since the coronavirus pandemic broke out, none has been more jaw-dropping than Monday's collapse in a key segment of U.S. oil trading. (Lauren Justice/Bloomberg via Getty Images) 

SOURCE: Bloomberg

 

More than half of the 140,000 gas stations in the U.S. now are selling gas for just under $2 a gallon. And gas that cheap will soon be coming to many consumers in the rest of the nation.

With oil prices dropping due to concerns about a second wave of the COVID-19 pandemic eating deeply into demand, gas prices are now down to levels nationwide not seen in more than four months, when the country was coming out of lockdowns and the economy was just restarting.

 

Read More:

https://www.wpbf.com/article/sub-2-gas-coming-to-a-gas-station-near-you/34541037

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