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.

Prosecutors drop reference to injured Secret Service agent in latest filing amid confusion over Trump assassination case

FBI reveals Brown University mass shooter began plotting massacre as early as 2022, blamed victims

Kohberger defense team says it is ‘appalled’ by former expert’s public comments about Idaho murders case

Rashida Tlaib slams anti-israel Arab group over handling of sexual harassment claims

‘Shark Tank’ star backs Trump’s White House ballroom plan amid security concerns: ‘It’s bipartisan’

Grand Jury Indicts 2 Suspects for Assault on Turning Point USA Journalist

DOJ Releases Mirror Selfie of WHCA Dinner Shooter Donning Red Tie, Weapons Arsenal Just Before Attack

Dems’ ‘No Kings’ rhetoric backfires as critics lambaste ‘confusing’ reaction to actual king

Repeat offender with dozens of prior charges arrested for burglarizing church in Soros-backed DA’s county

Animal Farm filmmakers push back on ‘anti-capitalist’ movie criticism

BREAKING: Supreme Court Rules 6-3 That Drawing Congressional Districts Based on Race is Unconstitutional

Two Jewish Londoners stabbed by attacker as mayor laments ‘series of shocking antisemitic attacks’

Scott Peterson’s defense loses bid to introduce witness testimony in long-running fight to overturn conviction

2 suspects indicted in assault of TPUSA reporter Savanah Hernandez during Minneapolis ICE protest: sources

Eaten Up with TDS, Adam Kinzinger Tries to Normalize Attempts to Kill Trump with Volley of Bizarre Posts

“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.”