Sunday, April 26, 2020

Gas Prices and the Pandemic



THOSE WERE THE DAYS  .........REGULAR 19 cents, ......ETHEL 24 cents a gallon at the CORNER CONOCO

Americans are cancelling road trips, running fewer errands and finding they do not have to drop their children off at school following widespread closings.


Gasoline prices have tumbled as global economic weakness and “stay at home” orders have limited driving and trimmed crude oil prices, gasoline’s key ingredient. Lower demand translated to the local gas price index falling for five weeks by 51 cents, the biggest drop since Feb. 22, 2016.




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