If you've filled your car up with gas recently, you may have noticed that prices have been amazingly low recently.
Gas prices dropped to an average of $2.70 per gallon Monday, the lowest point since 2010. Gas prices typically dip as summer ends, but throughout the St. Louis metropolitan area and around the country, drivers have been finding finding prices at less than $3 per gallon for weeks.
Experts say a slowdown in China and domestic production here in the U.S. is to thank. When the U.S. produces more oil locally and China pulls back on how much it is consuming, the supply of gas on the international market opens up, driving prices down, Isaac Arnsdorf of Bloomberg News tells PBS.
See also: LOL at St. Louis Gas Prices
Experts are torn on whether the low cost of gas will continue, especially if Saudi Arabia decides it's not making enough money and spikes the price per barrel. But for now, 'tis the time for a road trip.Here are fifteen people who just cannot wrap their minds around how little they're paying for gas in the St. Louis area:
Gas is cheap still. sub $3. suck it, other cities. #stl— Cerriwin (@Cerriwin) October 10, 2014
Haven't seen this price in a long time! Gas below $3 woop woop!! #gasoline #cheap #happyday
Does anyone know why this is happening and how we can keep it going? #STL #GasPrice
Going gas price today @gasbuddy at Sam's Club in Maplewood, MO
Wow! Ck out this gas price in Maplewood. pic.twitter.com/ybui0skoaj— leisa zigman ksdk (@leisazigman) October 6, 2014
Hey California! Looks familiar? . . . #gas # price #2000s #oldTimes #remember #California #Missouri #stl
gas so cheap that you cant even be mad about nothing— CREATINE COWBOY (@IncredibleHukic) October 17, 2014
Below $3.00 ... How low will it go? #CheapGas
Okay lady, I know that gas is cheap right now but no one else wants to hear you share how little you paid like Count von count every 10mins— Dramatic yet Feisty (@dontwrryowlwait) October 20, 2014
GAS SO CHEAP BY CAMPUS. OH HAPPY DAY. pic.twitter.com/iYEaG0DUjK— Bratkiss ॐ (@hippie_slacker) October 16, 2014
OMG GAS IS SO CHEAP!— Sara Hallgren (@HallgrenSara) October 17, 2014
Speedie Gas on Chippewa & Compton got it for the low... U're Welcome #CheapestGasintheCity #STL #rightnow
I dont even need gas but i just almost had a accident for this $2.67! #liquidgold #STL #boycottShellbutnottoday