A conflux of low demand due to stay-at-home policies aimed at slowing the spread of the coronavirus and a recent crude oil price war between Saudi Arabia and Russia is behind the dramatic drop.
Wisconsin currently has the lowest statewide average at $1.39, followed by $1.45 in Oklahoma and $1.51 in Ohio.
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https://www.foxnews.com/auto/gas-1-89-nationwide-average-79-cents
10 comments:
WHY hasn't the eastern. Shore prices been going down ?
OMG
the poor oil companies....they cannot make money with this Capitalism
please donate to the oil companies
Because royal farms is a rip-off.
$1.75 here
1.98 in ocean pines and then while I was on my way to work I saw that little gas station across from worwic at 2.31. This was yesterday
Demand doesn't exist, yet there is an over supply. Well one thing different than everything else - gas/oil never spoils so we remain at the mercy of BIG OIL. Until we (USA) start providing it to ourselves...rather than sending it to others.
Where did we go so wrong and allow GREED to be more important than self. Not really a question, just a thought.
943 US is (was) the biggest producer of oil for years and our imports have drastically dropped. Where have you been?
Here's whats funny: the "boom" in manufacturing jobs Trump touts. Largely due to upramp in US oil production. That ramp up had little to nothing to do with Trump policy and everything to do with oil hitting a profitable margin. Oil at $20 - $30 a barrel means those same jobs will get hit hard. Keep these simple facts in your mind moving forward so you stop falling for the BS coming out of politicians mouths from either side of the aisle.
$1.38 a Gal. in Berryville, VA. that is a town 50 miles west of DC!
Also keep in mind - lower priced gas means LESS gas taxes going to the states/Feds. They don't like that at all!!!
Need Federal LAW > 50 cents Gal MAX ALL 50 states !!! NOW
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