What's Driving Low Gas Prices? A Global Oil Glut
Gasoline prices have been dropping steadily for months; they're averaging right around $2.25 per gallon nationally. Enjoy, but don't get used to them, analysts say.
by Camila Domonoske
Jan 17, 2019
3 minutes
Gas is relatively cheap these days. Enjoy those low prices, but don't get used to them, analysts say.
An oversupply of oil on the world market has triggered a steady slide in gas prices, bringing Americans some of the cheapest gas in years as 2019 kicked off.
Nationally, regular was averaging around $2.25 per gallon at the start of January — the lowest price for this time of year since 2016, according to AAA.
It's welcome news for
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