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.

Trump administration blocks Venezuela from paying Maduro’s legal bills amid federal charges

Murder suspect in Baltimore robbery spree was on probation, records show

Authorities preparing to return home of Nancy Guthrie back to family: report

Toddler flees in terror as coyote chases him outside California family home in broad daylight

Ex-Air Force pilot arrested for allegedly training Chinese military pilots without authorization

Some of the most notable guests at Trump’s 2026 State of the Union: photos

Senators Sanders and Mullin clash in heated Senate hearing exchange: ‘You’re part of the problem’

Trump’s fraud czar nominee touts Minnesota blueprint to root out Obamacare fraud, senior scams

Trump’s ‘war on fraud’ draws range of reactions during SOTU speech

Former top Harris adviser ignites backlash over ‘political props’ comment targeting USA men’s hockey team

The Laundering of Iran’s Atrocities: How Western Voices Became a Shield for the Islamic Republic’s Mass Killings

Capitol Tea: Jim Justice, of Babydog fame, offers to take over Tillis dog parade

Karoline Leavitt Drops List of Policies Dems Wouldn’t Stand For, Including Voter ID and Fewer Murders

GOP to campaign on Democrats picking illegal immigrants over Americans at State of the Union

Thune floats White House lifeline for unpaid DHS workers as shutdown drags on

“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.”