by Darlene A. Cepeda | Apr 21, 2020 | Car and Auto News
Xinhua News AgencyGetty Images For the first time in history, on April 20 crude oil prices fell below zero because of cratering demand, in part due to the coronavirus pandemic. We couldn’t help wondering, where could we store this oil that someone theoretically would pay us to take? The situation is only temporary, of course, […]
by Darlene A. Cepeda | Mar 20, 2020 | Car and Auto News
The GasBuddy app updates the national average price every five minutes, and with few exceptions, the number just keeps dropping. The first station in the U.S. to sell a gallon for 99 cents this year is in Kentucky, but it might be joined by hundreds more soon. As of...
by Darlene A. Cepeda | Mar 13, 2020 | Car and Auto News
Crude oil recently saw its steepest drop since 1991, a drop that could drive U.S. gas prices down to below $2 a gallon in the U.S., according to some analysts. The coronavirus situation has weakened demand for oil, but a disagreement between Russia and Saudi Arabia...
