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.

Over 50 arrested as anti-ICE protesters allegedly hurl rocks at Minneapolis officers during demonstration

‘Road rage incident’ turns deadly as Virginia highway stabbing leaves 2 people dead; dog also killed

Parents Get Enormous Payout After School Forces Kids to Read LGBT Books

House Republicans push Johnson to go to war with Senate over SAVE Act

CNN Blames Trump as Looming Mega Sale Has Staffers ‘Freaking Out’

CNN Announces ‘Special Project’ Against ‘Christian Nationalism’

Mike Tyson Joins Forces With RFK Jr. to Battle Processed Foods

Trump’s Iran strike rocks Texas Senate race as Dems demand ‘war powers,’ GOP applauds president

Trump pledges to ‘avenge’ fallen US service members as tensions with Iran intensify

Texas bar shooting suspect wore ‘Property of Allah’ clothing with Iranian flag

Three US Service Members Killed, Five Seriously Wounded During Operation Epic Fury Against Iran

Burger King Is Altering Its Flagship Burger for the First Time in Nearly 10 Years

Deadly Austin shooting that killed 3 may be ‘act of terrorism,’ FBI says

9 people injured in mass shooting at Riverfront Live in Cincinnati

Enemy within: Counterterrorism experts fear sleeper cells could be poised inside US

“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.”