Blog

6 Reasons Gas Prices Could Fall Below $2 a Gallon

Patrick Dehaan, senior petroleum analyst at Gas Buddy, has looked at the key factors that are pushing prices lower. The anticipation of Iranian oil hitting the markets has added to the drop in oil and gas prices. Once Iran is able to sell its oil freely, the country will start unloading the roughly 20 million barrels it has in storage.

6 Reasons Gas Prices Could Fall Below $2 a Gallon

Patrick Dehaan, senior petroleum analyst at Gas Buddy, has looked at the key factors that are pushing prices lower. The anticipation of Iranian oil hitting the markets has added to the drop in oil and gas prices. Once Iran is able to sell its oil freely, the country will start unloading the roughly 20 million barrels it has in storage.