Local News

4-20-20 gas prices continue to plummet

todayApril 19, 2020

Demand destruction reigns supreme as gas prices continue to plunge across Wisconsin and the nation.   State AAA spokesman Nick Jarmuscz  Wisconsin has the lowest gas prices in the country.   Jarmuscz says the dramatic drop in prices over the last seven weeks has been historic.  Jarmuscz says there is a possibility we could see the average price for gas drop to below a dollar gallon.  Jarmuscz says there are already some locations where the price of gas is below a dollar a gallon.   The price drop is fueled by a dramatic drop in demand and builds in gasoline inventories and crude storage.

Written by: Radio Plus

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