Apr 2, 2020
Drivers in St. Joseph can go to a gas station and find gas for as little as $1.69 due to the low demand for oil during the COVID-19 pandemic.
Gas prices started to drop when Saudi Arabia announced it would flood the market with extra oil and slash prices due to a price war with Russia. According to the American Automobile Association, the national average is below $2 a gallon.
Dr. Kara Grant, an assistant economics professor at Missouri Western State University, said this would typically be the time for people to stock up on gas, but because many are quarantined, there’s less driving and less of a need for gas.
Read more and see the video version of this story at newspressnow.com.