An oil boom has pushed gas prices at some stations, as of Saturday, down to as little as $2 a gallon. Price tracking service GasBuddy.com found that pockets of low prices below $2 have also cropped up across the country, while average prices across the U.S. are tracking at $2.43 a gallon. “As of this morning, there are 24 states with prices under $2 a gallon,” GasBuddy’s senior petroleum analyst told USA Today. Commuters in Missouri have reaped the biggest windfalls, with gas dropping to $1.96 a gallon in Springfield–and even lower in some outlying towns. With Saudi Arabia’s announcement in September that it would keep the oil flowing, despite falling prices, analysts predict that gas prices have not bottomed out just yet.
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Dan Kedmey, Time: Business
Sat, 12/20/2014 - 10:26am
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