Sub-$2 Gasoline Pops Up in 20 U.S. States After Oil's Drop
- Pump prices have fallen after crude’s plunge on excess supply
- Average retail prices are down seven straight weeks: GasBuddy
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Sub-$2 gasoline can now be found in at least one gas station in 20 U.S. states, as the effects of the bear market in crude oil trickle down to motorists.
The lowest per-gallon retail price, $1.69, was found at a Buc-ee’s station in Denton, Texas, according to GasBuddy, a company that helps drivers find cheap fuel. The national average has fallen for seven straight weeks to $2.53 a gallon, the lowest since March.