Quote:
Originally Posted by Love2Swim
According to the experts, there are three factors at play:
1. Post Pandemic demand. During the pandemic people sheltered at home so the typical driver cut their demand for gas in half. That sharp decline caused gas prices to plummet to a low of $1.94/gallon in April 2020.
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So what was the cause of gas prices hovering around $2.00 in 2019, well before the pandemic?