Gas Pump Savings Seen Across USA
March 12, 2020
Crude oil prices recently hit a four-year low amid OPEC disagreement and coronavirus concerns.
The national gas price average is cheaper on the week (minus 5 cents), month (minus 5 cents) and year (minus 9 cents) – giving the vast majority of motorists savings at the pump.
At $2.38, the national gas price average has not been this cheap since last February.
“For the third week, U.S. gasoline stocks decreased while demand increased. Generally, growing demand amid declining stocks causes increases at the pump, but crude oil prices have dipped to four-year lows, signaling spring could be c...