Coronavirus fears are driving down gas prices nationwide.
According to AAA Florida, you’ll be enjoying a seven cent drop. If the wholesale prices hold, we could see gas as low as $2.30 per gallon by the end of the week.
According to Gasbuddy, a contributing factor is that China is the worlds second largest oil consumer. Travel restrictions coupled with fear of infection is lowering demand and lowering gas prices nationwide.
According to the Energy Information Administration, domestic stocks have grown to 260 million barrels, the largest supply stock ever.
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