The other night I completely filled up my truck for $35 at $2.39 per gallon. I was astonished. I hardly ever pay attention to how much gas costs because hey...it costs what it costs and I need it so I have to buy it and it's never on sale. I always notice sales so I definitely noticed that it only cost me $35.
Every newspaper and website I read have tackled the reason why. Some of them more convoluted than others. I ran across this video which explains it better than anything else I've seen in about two minutes. Check it out.
Gasoline prices in the United States have fallen to their lowest level since 2010. And the reason for that is pretty simple - global oil prices are crashing. But why are oil prices crashing? That's a more complex story, as we explain in the video above.
How much did you pay for gas last?
