The coronavirus outbreak and efforts to keep people at home during the crisis continues to lower demand for gasoline and push down prices.
A global crude oil price war and lower demand has caused the national average price for a gallon of gasoline to drop below $2 for the first time in four years, according to AAA.
The average price for regular unleaded gasoline in Indiana is nearly 50 cents less than a month ago, according to AAA.
Falling prices for crude oil driven by fears from the global COVID-19 outbreak has led to sharp declines in gasoline prices.
The national gas price average is $2.95, down by two cents for the week beginning June 4, AAA reports. This is the first time there has been a decrease in the national average since mid-March, AAA said. The drop follows the latest Energy Information Administration report showing consistently strong demand. “Nearly 80 percent of Americans […]