All the reasons for falling fuel prices in the United States are complicated to think about, but it is a welcome small ray of sunshine during a very difficult time in the world.
Here are the latest gas and diesel fuel prices according to the AAA data. The latest national regular gasoline price is $2.196 as of March 19, 2020. This is lower than it has been in many months. Many states (at least 10) have average fuel prices below $2.00. This includes the state of Texas, which averaged at $1.96 as of March 16, 2020. Texas is home to a lion’s share of pickup truck sales. The latest low fuel prices could bring even more big trucks into the mix.
Current National average diesel price is $2.710. This is significantly higher than regular unleaded, but it is less than premium gasoline which sits at $2.836.