When was gasoline .90 a gallon

Looks nice, eh? Two things created the perfect storm for plummeting gas prices in While the world is justifiably focused on controlling the spread of COVID , the disease the novel coronavirus causes, Saudi Arabia also initiated a price war with Russia in the crude oil market.

Read more: The best dashcam you can buy in As COVID spread across China, mass quarantines began, which left citizens at home, off the streets and away from work. As the virus spread to Europe and North America, nations have taken similar measures and instituted lockdowns and shelter-in-place orders and closed venues such as bars and restaurants.

It's easy to see why there'd be a drop in demand for oil -- more people at home means fewer trips in the car. As nations began to tackle COVID in an aggressive manner, Saudi Arabia slashed prices on its crude oil, which some analysts believe could create a surplus in the supply chain.

It's a basic economic principle where more supply and less demand mean lower prices. The best day to buy gas is Monday, according to a Gas Buddy study. The next best day to buy gas is Sunday. What is the worst day of the week to buy gas? Fridays are the most expensive day to buy gas. In a Gas Buddy study , 19 states had the highest gas prices at the end of the work week.

What is the best time of day to get gas? What is the average price of diesel fuel in ? What was the average price of diesel fuel in ? This is 0. Gas prices are based largely on supply and demand. Typically, gas costs less during the winter months when drivers are less likely to be on the road. Similarly, prices tend to rise during the spring and summer months when more drivers are on the road. Sources : Energy.

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Back when he owned his station, Ward would drive around scoping out his competition every day. But he only cared about one side of the road. Ward says a traffic median might as well be an international border. You could be across the street from another gas station, but not be a direct competitor with them. But for stations on the same side? A carefully picked price can make all the difference to customers.

They would drive 15 miles to save two cents a gallon. Why is diesel fuel so much more expensive than gasoline? It has cut down harmful emissions from diesel fuel by 90 percent, but Jacobsen says it has had some unintended consequences.

It used to be less refined. It was like a byproduct of gasoline. It produces a lot more energy than gas. So, it used to be you could make diesel, or you could make gas and you could tweak it at the refinery. And you could make a little more of this or a little less of that.

Now it has to be a specially designed product that they refine specifically for the use of diesel buyers. So when we produced this new diesel fuel we had a much bigger market for it. In fact, U. In diesel exports averaged just , per day. Why do some cars have the gas tank on the right, and the others on the left? Rumor has it, this question has even stumped Click and Clack the Tappett Brothers. But Rick Peltonen, a listener from Minneapolis, wanted to know — and, well, we wondered too.

They were in front of a livery or a general store or a pharmacy and they were placed right at the curb. And so you would just pull your car up to the curb and get your gas pumped.