Demand for gasoline along with prices is rising as more people return to work and restrictions ease on public activity amid the pandemic.
Initiatives to limit public interaction during the COVID-19 pandemic has kept demand for gasoline low the past several weeks, a trend expected to continue next month even as businesses in some parts of the U.S. begin to reopen, experts say.
Tumbling gasoline prices may start to slow as gradual production declines fall more in pace with demand, experts suggest.
The coronavirus outbreak and efforts to keep people at home during the crisis continues to lower demand for gasoline and push down prices.
Increased gasoline supplies and motorists driving less are the main factors dropping fuel prices around the country.
Mild weather during the holiday season in the Midwest and other parts of the country fueled a spike in motorist travel, which drove up the price of retail gasoline around the country AAA reported.