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Gas Demand Hits Lowest Level in Nearly Two Years, Lowering Cost Gas Demand Hits Lowest Level in Nearly Two Years, Lowering Cost
Gas Demand Hits Lowest Level in Nearly Two Years, Lowering Cost Prices at the pump continue to plummet for motorists, as the gasoline demand hits its lowest level in nearly two years, AAA announced. Nationally, the average motorist is paying $2.23 per gallon, down from $2.49 a year ago and down 19 cents from a month ago. The price drop comes despite a record number of travelers throughout the country during the holiday season. According to AAA, the average price per gallon has dropped each week for more than three months. Officials cited supply and demand for the decreasing prices. “As the global crude market continues to be oversupplied, oil prices ar…

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by Zak Failla