Coronavirus fears are driving down gas prices nationwide.
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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.
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According to the Energy Information Administration, domestic stocks have grown to 260 million barrels, the largest supply stock ever.
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