U.S. gas prices are at their lowest levels since 2009, according to GasBuddy.com.
Gas prices have continued their decline, falling below $1.80 per gallon which is low, but there's room for gas prices to continue to decline due to a weak seasonal demand.
According to GasBuddy.com's research, $1.79 a gallon, February's start at the pump is the cheapest February start since 2004. In the state of Nevada, we're averaging about $2.28 a gallon which is still pretty cheap, but nowhere near the middle states, averaging as low as $1.21 in some areas.
Other states still averaging over $2 a gallon:
New York ($2.05)
So what's causing the low gas prices?
Gas Buddy says while the price of crude oil has rebounded, high gasoline supply has so far prevented widespread increases in gas prices... Read More