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Gas prices down due to COVID-19

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Posted at 7:21 AM, Apr 13, 2020
and last updated 2020-04-13 07:21:59-04

(LEX 18) — The price of gas has taken another plunge, now down to around $2.00 a gallon nationally.

According to industry analyst, Trilby Lundburg, gas prices have dropped 14-cents in the past two weeks.

The national average is now $2.01/gallon. If you look back seven weeks, gas prices are down nearly 52-cents per gallon.

The top reason is, of course, the coronavirus.

Stay-at-home orders have wiped out gasoline demand in the U.S.

Lundburg predicts gas prices will continue to fall, with demand not making a rebound any time soon.

According to Gas Buddy, the average price of regular gas in Lexington is about $1.48 per gallon.