Gas Prices Drop in Tri-State Amid Coronavirus Outbreak

Gas Prices Drop in Tri-State Amid Coronavirus Outbreak

We are in uncharted financial territory?

As the country faces the coronavirus pandemic.

While the stock market navigates huge ups and down?

Drivers are finding the prices at the pump plummeting.

Tommy mason tells us how this is impacting the economy tommy?

The coronavirus having a huge impact on the economy?

And gas prices as well.... we've seen a more than 2?

Cent drop in the tr?state over the past couple of weeks.... drivers are getting a pleasant surprise with those cheaper prices.

Triple a says drivers in several southern states are currently paying less than two dollars for gas?

And more states are joining them.

Right now crude oil trends at about 3?

Dollars a barrel.

You compare with 2019?

When the prices were 70 dollars a barrel.

And its been falling ever since saudi arabia decided to increase supply, and the reason for that move, to push foreign providers out of the market.

Namely russia.

Now henderson prices were as low as a dollar sixty over the weekend.

And a reason for that drop may have actually been because there's less demand, there's a lot more grounded airliners, and folks are taking advantage of those prices when filling up.

And it may offset some of the costs your pay when prices at the grocery store increase as demand there increases as well.

But all this good news for those struggling to make ends meet during this pandemic as those prices at the pump could go lower in the coming days.... tommy mason 44news....