With the wake of the coronavirus the demand for gas has fallen. Less people are traveling that means cars are being utilized less. With the recent spike of oil production in Saudi Arabia and Russia supply exceeds the amount demanded.
With the steady fall of gas prices there is a good chance that we could see prices below $2. Depending on how this pandemic pans out there is the possibility that prices might fall to less than dollar! How low has the price of gas dropped in your area? Let us know in the comments below!
Source: GasBuddy