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.

DOJ weighing possible new indictments for Comey and James: Reports

Trump-backed Republican keeps crucial congressional seat in GOP hands with special election victory

NYC alleged dine-and-dash influencer Pei Chung evicted from luxury apartment as she sits in jail

Illegal immigrant gang member killed police K-9 ‘Spike’ before officers returned fire in California: source

Indiana redistricting bill clears committee, heads to full House for vote

Young progressive beats out establishment candidate in Jersey City mayoral race, echoing Mamdani

GOP Rep. Elise Stefanik Says She Caught Mike Johnson Telling ‘Lies’ and Secretly ‘Siding with Jamie Raskin’

Breaking: Trump Officially Invalidates All Documents Signed by Biden Autopen, Including Pardons – Fauci, Hunter Biden Now Vulnerable

Watch: The Fieriest Trump Comments in History Just Came Out During Cabinet Meeting – POTUS Utterly Scorched Omar and Somalis, Calling Them ‘Garbage’ from ‘Stinking Country’

Pope Leo urges Trump to de-escalate tensions with Venezuela and turn to dialogue

Trump doubles down on voiding Biden autopen actions, including pardons and commutations

Video: Can You Spot What German Cities Added to Their Christmas Markets After Muslim Migrants Flooded the Country?

Top expert exposes how elites are encouraging immigrants to not assimilate into American culture

Witkoff and Kushner leave Kremlin after nearly five hours of negotiation with Putin

Trump hails $6 billion generosity of Dell family, teases more investors for ‘trust fund’ for American children

“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.”