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.

Affordability: The issue that boosted Trump and Republicans in 2024 deflated them in 2025

Murder in small-town America: The crimes that tore quiet communities apart in 2025

Texas father rescues kidnapped daughter by tracing her phone’s location, sheriff’s office says

2025 shockers: The biggest moments that rocked the campaign trail

They Got Her: FBI Caught Hillary Clinton Talking Donations with Foreign Felon on Tape

The True Story of St. Nicholas Is Much Better Than the Myths About Reindeer and the North Pole

Schumer Sinks to Lowest Approval Rating of All US Political Leaders

Most shocking examples of Chinese espionage uncovered by the US this year: ‘Just the tip of the iceberg’

Crime lords turn Motor City into car-theft supermarket for Middle East buyers: ‘Somebody’s getting paid’

LeBron’s Friend and Head Coach Eviscerates His Team After Christmas Meltdown: ‘Don’t Care Enough to Be a Professional’

Leftist Celebrity Scientist Neil deGrasse Tyson Gets Roasted After He Tries to Debunk Timeless Tale of Rudolph on Christmas Eve

Is Gavin Newsom’s social media strategy starting to get stale?

If You Live in One of These 19 States, Get Out for the Sake of Your Kids: They’re Suing HHS Over ‘Gender-Affirming Care’ Ban

Florida man allegedly steals 400 pounds of avocados to buy Christmas presents for children

Kamala Cries Sexism, Proves Why She’s Not Fit to Be a Leader: ‘I Don’t Aspire to Be Humble’

“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.”