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.

Senate moves to rein in college sports ‘Wild West’ with sweeping new rules for players, schools

Democrat rebels defy Jeffries to hand GOP critical win just before midterms

Kash Patel says ‘no evidence’ Trump shooter Thomas Crooks spoke to anyone but his parents

Oct. 7 families release dossier blaming Netanyahu for massacre

Historic: FBI Captures All 10 Fugitives on ‘Most Wanted’ List in Trump’s Second Term

Newsom’s Harris gamble: Clearing the field or betting she won’t run?

Mainstream Media Attempts to Cancel Star Texas QB Arch Manning for His Comments About Female ESPN Reporter

AG Blanche unveils federal charges against 160 defendants in pandemic relief sweep

Seven noncitizens charged in North Texas election-integrity investigation

Pentagon reveals secret space weapons are already in orbit — but won’t say what they do

WATCH: ‘Lifelong Democrat’ admits she is ‘ashamed’ of party after son killed in illegal immigrant crash

Karl Rove to Vote for Pro-Trans Dem After GOP Candidate Shares Texas Student Section Pic

Watch: Chiefs Used a Clever Bit of ‘Gamesmanship’ During TV Timeouts to Gain an Edge Over the Broncos

Minnesota attorney general says Somali Muslims have been defrauded by housing scheme claiming to be sharia-compliant

EXCLUSIVE: Inside Vance’s intimate Capitol Hill huddle as Republicans confront tough midterm terrain

“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.”