From $5 to $1.99: The shocking drop in oil prices revealed.
Observers are witnessing a dramatic reversal at the pump. What seemed like an impossible dream just months ago—seeing prices dip below two dollars—is now a tangible reality in many locations. This footage explores the steep descent from peak prices like $4.50 and $5.00 down to unprecedented lows around $2.30 and even below $1.99. A major economic shift is underway, and the implications for consumers are massive.
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3 Comments
I was paying 2.79 when Biden was leaving office. Honestly I would rather pay an extra $3 in gas a week than have my tax $ go to criminals that are murdering Innocent Americans.
You know that's sometimes a sign that a recession is coming? When the economy is good, more people go out and do stuff, making gas more expensive because of supply and demand. But when the economy is bad, fewer people will go out and do stuff, lowering gas prices.
Oil is on the way up. 1/10/2026 it was $60.53/barrel and 1/30/2026 it's $65.21.