Gas Prices Likely To Plummet This Week, Already at or Below $2/Gal. in Some Parts of Country

On Wall Street, there is a panic because tensions between the Saudis and the Russians may result in a glut of oil on the market.

But on main street? There are a lot more smiling people filling up the old F-150 at the pump these days as gasoline prices plummet.

An American Automobile Association survey released Monday showed that the Sunday trough in oil prices was already hitting consumers, with some parts of the county having gasoline that was selling for under $2 per gallon.

“Texas ($2.06) has the cheapest average in the region and the nation. Gas can be found for $2/gallon or less at 24% of gas stations throughout the 11 South and Southeast region states. Oklahoma (51%) and Texas (47%) have the highest percentage of gas stations selling gas for less than $2/gallon,” the AAA report read.

In Florida, where AAA said gas was already selling seven cents less this week than last week, predictions were that even lower prices were coming.

Democratic Congressman Suggests Execution for Pete Hegseth

DOJ Axes a Slew of Gun-Control Regulations in ‘Historic’ Day for the 2nd Amendment

MN lawmakers unload on Walz’s ‘legacy’ after he touts fraud record in final annual address: ‘Ridiculous’

DNC chair ripped for downplaying unreleased 2024 autopsy after Dem losses: ‘Self-inflicted crisis’

DOJ weighs new classified leak charges against Comey as legal pressure escalates

Report: Dem Senate Candidate Deleted Thousands of Radical Tweets, Bashed Middle America: ‘Wish I Never Left California’

GOP warns Trump over war powers deadline amid Iran standstill

House Dem Invokes ‘Nazi’ War Crimes in Attack on Hegseth Over Caribbean Strikes as Rhetoric Escalates

Louisiana to go ahead with primary election for all races besides six House seats

Trump ends DHS’ months-long nightmare that left immigration enforcement without funding

Chick-fil-A employee busted in bizarre $80K mac-and-cheese theft scheme

Mark Sanford quits House race after one month, says fighting national debt is better done outside politics

‘Giggling’ cop killing suspect slammed by judge as prosecutors fought bail release for repeat felony offender

DOJ Uncovers Numerous Ways the Biden Admin ‘Devastated the Lives of Many Christian Americans’

US Moves to Deploy Never-Before-Used ‘Dark Eagle’ Weapons System Against Iran

“At the rate fuel prices are falling on the stock market, Florida drivers could easily begin seeing sub-$2 gasoline this week,” AAA spokesman Mark Jenkins said, according to WOFL.

“The only potential upward pressure on pump prices is spring maintenance season. If the state average eventually drops below $2 per gallon, it would be the first time in four years. How long this holds or how low prices go will rely on where stock market prices go from here,” he said.

Commentators said lower prices are the rippled effect of international tensions.

“Everyone, I think, is a little bit shocked at the tactics that have come out of the broken-down talks between OPEC, specifically with Saudi Arabia and Russia,” Sarah McCrary, CEO of fuel prices comparison site GasBuddy, told ABC News.

“Effectively what’s happened is in the wake of softening demand for oil, we had expected that there would be an agreement to lower production, to reduce supply … and we would have a gentle change in the market,” she said. “That did not happen.”

Americans will reap the benefits, according to McCrary.

“We’re going to see much less expensive gas across the nation,” she said. “The largest element in the price per gallon that Americans pay is the cost of the oil that goes into making that gasoline.”