This is the lowest price gas has been in March since 2021 during the COVID-19 pandemic, according to GasBuddy.
www.forbes.com
Patrick De Haan, head of petroleum analysis at GasBuddy, said in a
press release that caution around potential tariffs is “likely having a moderate impact” on prices.
While some analysts
have predicted tariffs on imported Canadian oil could push prices higher in some U.S. regions, oil prices are
also closely linked to the state of the wider economy: If tariffs lead to lower economic growth, demand for oil could sink as fewer people travel and buy goods, causing prices to fall.
De Haan also said the news that OPEC+, a coalition of oil-producing countries including Saudi Arabia and Russia, will “gradually begin restoring oil production after nearly two years of cuts” has added downward pressure on oil prices.
You're acting like this is a 'good' thing.
Trumps owners in SA are pumping up production for some reason...wonder why.
People are buying less so prices go down. They know mangomussolini is about to wreck the economy like he is the stock market/retirement funds.
But hey enjoy saving a few cents at the pump.
Phew.