All gassed up and nowhere to go: Gasoline prices are at multi-year lows, but no one is driving

Email Breakthrough on Linkedin Breakthrough on Instagram

CNBC – The national average for a gallon of gas — $1.883, according to the latest data from AAA — is the cheapest in more than four years. But with at least 42 states under stay-at-home orders, Americans can’t take advantage of cheaper fuel. “The outbreak is causing a meaningful shift in the consumer basket and lower oil prices are unlikely to be the jet fuel for consumption that they would be in a more normal environment,” Bank of America said in a recent note to clients.