Gas prices have plunged since oil went negative last week. Sam’s Club was selling it for $1.49 a gallon today; $1.89 at Sheetz.
In some places out West, it’s fallen below $1, something I never thought I’d see in my lifetime. The National Average is $1.74, a level not seen for any significant length of time since the 1990s (though a few cents above the New Years 2016 low) The $1.74 level is down from $2.62 at the beginning of the year, $3.99 in 2011, and over $4.00 just before the 2008 Recession. Graph from GasBuddy.com:
I took the photo above on a food run today. Wal-Mart finally got the custom stickers for their floor to direct Social distancing, and their isles are now one-way only.
Only grocery stores and take-out restaurants remain open. Malls and major retail stores remain closed, as they have for 6 weeks now. I can’t believe it’s been that long, and it’s a weird thing to continue to see.
The Hoss’s restaurant, which features a buffet, has a sign that says “SEE YOU SOON”
I’m just not sure that’s going to happen.