As we reported at the beginning of this month, fuel prices are sliding rapidly downward, as demand for gasoline and other petroleum products drops from the worldwide stay-at-home orders.
As a result of this at the start of April, the national average for fuel prices in the United States crossed the $2/gallon mark, and currently prices are being tracked at $1.77/gallon in the USA.
That figure is likely to drop even further though, as the price for a contract future on a barrel of oil has actually dipped into the negative figures (-$37.63/barrel) – an historical first and an alarming event.
