oil production and gas prices

Why Are Gas Prices Plummeting? Key Factors Explained

By RosellaPosted on September 24, 2024Posted in OthersTagged COVID-19 gas price effects, factors affecting gas prices, gas price trends, gas prices plummeting, geopolitical impact on gas prices, global oil supply, impact of electric vehicles on gas prices, oil production and gas prices, renewable energy and gas prices, why are gas prices dropping

Gas prices are dropping due to increased oil production, reduced demand, and shifts towards renewable energy. Find out why gas prices are falling and what to expect next.