All gassed up and nowhere to go: Gasoline prices are at multi-year lows, but no one is driving [MSNBC.com]
Royal Dutch Shell PLC Royal Dutch Shell PLC American Depositary Shares (Each representing two Class B Ordinary Shares) (RDS.B)
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Source: MSNBC.com
A detailed view of a Shell gas station sign showing the low price of $1.69 per gallon, the result of the coronavirus (COVID-19) outbreak on March 31, 2020 in Jacksonville, Fl.David Rosenblum | Icon Sportswire | Getty ImagesWith gas prices this low, Tracie Brocket would usually hit the open roads on the weekend around her home in Sweet Grass County, Montana. But she's one of many Americans who can't take advantage now of cheaper fuel, as the majority of the country stays home in an effort to slow the spread of the coronavirus.The national average for a gallon of gas — $1.883 as of Friday, according to the latest data fromAAAWith only guesswork as to when stay-at-home ordinances might be lifted, gas prices could have even further to fall."We are seeing major destruction to gasoline demand which could push the national average below $1.70 or cheaper this month," AAA spokesperson Jeanette Casselano told CNBC.And some believe it won't stop there. Patrick DeHaan, head of petroleum analysis
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